Plan Ledger DOL Form 5500 · updated monthly

Taurus Industrial Group, LLC401(k)

TAURUS INDUSTRIAL GROUP 401(K) SAVINGS PLAN · LA PORTE, TX · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Taurus Industrial Group, LLC reported $110,853 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $469 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 0.20% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 975th-largest of 5,688 plans among Texas employers on file, and the 964th of 5,337 in construction. In 2023, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 1,774 to 1,974 since 2022.

Plan summary
Net assets, end of year$56,152,857
Participants with balances753
Active participants1,974
Employer contributions$925,873
Employee contributions$2,862,713
Employer contribution per active participant$469
Average account balance$74,572
Benefits paid to participants$6,596,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.3M · 1,507 accts · $2.1M emplr
2023$56.2M · 753 accts · $926K emplr
2022$43.4M · 652 accts · $964K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$67,970
Investment management$42,828
Total administrative$110,853
The Taurus Industrial Group, LLC 401(k) match · 2023
Employer contribution per active participant$469
Median for plans this size$2,440
2024$1,889 per active participant
2023$469 per active participant
2022$543 per active participant

Taurus Industrial Group, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$67,970
LPL FINANCIAL LLC · Investment advisory (plan)$39,534

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$144,802 · 0.27%
2023$110,853 · 0.22%
2022$88,740 · 0.20%
Same employer
Similar plansConstruction · Texas
Wilks Brothers, LLC TX$68.2M · 0.11%
Chesmar Homes LLC TX$66.5M · 0.01%
Tellepsen Corporation TX$55.8M · 0.05%
Sunnova Energy Corporation TX$53.7M · 0.66%
Saulsbury Industries, Inc. TX$51.2M · 0.34%
Humphrey & Associates Inc. TX$49.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822422134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.