Plan Ledger DOL Form 5500 · updated monthly

Testequity LLC401(k)

TESTEQUITY 401(K) SAVINGS PLAN · NORTH RICHLAND HILLS, TX · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Testequity LLC reported $104,644 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,172 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 has held roughly steady near 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,537th-largest of 5,688 plans among Texas employers on file, and the 451st of 2,096 in real estate & leasing. In 2023, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,224,871
Participants with balances422
Active participants475
Employer contributions$1,031,756
Employee contributions$2,196,373
Employer contribution per active participant$2,172
Average account balance$71,623
Benefits paid to participants$4,274,783
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $924K emplr
2023$30.2M · 422 accts · $1.0M emplr
2022$26.8M · 391 accts · $887K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$104,644
Total administrative$104,644
The Testequity LLC 401(k) match · 2023
Employer contribution per active participant$2,172
Median for plans this size$2,440
2023$2,172 per active participant
2022$1,855 per active participant

Testequity LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
LPL FINANCIAL · Investment advisory (plan)$50,277
FUTUREPLAN BY ASCENSUS · Contract administrator$7,410

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

Administrative cost history3
2024Not separately reported
2023$104,644 · 0.37%
2022$88,930 · 0.35%
Same employer
Similar plansReal Estate & Leasing · Texas
Hall Financial Group, LTD TX$37.4M · 0.02%
Highmark Residential, LLC TX$34.3M · 0.52%
Realmanage, LLC TX$29.7M · 0.97%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 651261392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.