Plan Ledger DOL Form 5500 · updated monthly

Suveto Buyer, LLC401(k)

SUVETO BUYER, LLC 401(K) PLAN · GRAPEVINE, TX · plan year 2024

Reported admin expense ratio · 2024
0.80%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Suveto Buyer, LLC reported $242,636 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,598 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.30% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,353rd-largest of 5,688 plans among Texas employers on file, and the 3,624th of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,638,463
Participants with balances912
Active participants1,666
Employer contributions$2,661,441
Employee contributions$5,592,917
Employer contribution per active participant$1,598
Average account balance$39,077
Benefits paid to participants$2,986,588
Plan auditUnmodified (clean) audit opinion
AuditorCONKLIN, GILPIN & WERTZ, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 912 accts · $2.7M emplr
2023$25.4M · 834 accts · $2.7M emplr
2022$14.7M · 884 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$242,636
Total administrative$242,636
The Suveto Buyer, LLC 401(k) match · 2024
Employer contribution per active participant$1,598
Median for plans this size$2,416
2024$1,598 per active participant
2023$1,591 per active participant
2022$1,200 per active participant

Suveto Buyer, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$242,636
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
NOVA 401K ASSOCIATES · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$242,636 · 0.80%
2023$113,206 · 0.57%
2022$31,372 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Texas
Hartline Barger LLP TX$36.4M · 0.17%
Munck Wilson Mandala, LLP TX$36.0M · 0.15%
Trintech Inc. TX$36.0M · 0.41%
Vysus Moduspec Inc. TX$35.6M · 0.08%
Stem, Inc. TX$35.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852984282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.