Plan Ledger DOL Form 5500 · updated monthly

T. F. Hudgins, Inc.401(k)

T.F. HUDGINS RELIABILITY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

T. F. Hudgins, Inc. reported $20,656 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,754 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 0.06% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,613th-largest of 5,688 plans among Texas employers on file, and the 1,436th of 4,246 in wholesale trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,056,703
Participants with balances337
Active participants384
Employer contributions$1,057,444
Employee contributions$2,518,235
Employer contribution per active participant$2,754
Average account balance$83,254
Benefits paid to participants$5,308,660
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 337 accts · $1.1M emplr
2023$25.9M · 343 accts · $1.1M emplr
2022$21.8M · 344 accts · $981K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,151
Investment management$15,505
Total administrative$20,656
The T. F. Hudgins, Inc. 401(k) match · 2024
Employer contribution per active participant$2,754
Median for plans this size$2,416
2024$2,754 per active participant
2023$3,107 per active participant
2022$2,804 per active participant

T. F. Hudgins, Inc.'s 2024 employer contribution ran above 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,505
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,151

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$20,656 · 0.08%
2023$20,333 · 0.09%
2022$14,846 · 0.06%
Same employer
Similar plansWholesale Trade · Texas
Four Hands, LLC TX$30.0M · 0.28%
Pce Technology, Inc. TX$30.0M · 0.06%
United Notions, Inc. TX$29.4M · 0.15%
Abatix Corp. TX$27.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741209367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.