Plan Ledger DOL Form 5500 · updated monthly

Testing Holdings USA, Inc.401(k)

ITS USA RETIREMENT SAVINGS PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Testing Holdings USA, Inc. reported $937,797 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $2,060 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 fell from 0.13% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 142nd-largest of 5,688 plans among Texas employers on file, and the 217th of 11,654 in professional & technical services. In 2024, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$811,259,046
Participants with balances10,362
Active participants6,346
Employer contributions$13,072,888
Employee contributions$41,598,225
Employer contribution per active participant$2,060
Average account balance$78,292
Benefits paid to participants$79,366,718
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$811.3M · 10,362 accts · $13.1M emplr
2023$722.2M · 10,270 accts · $11.8M emplr
2022$617.8M · 10,041 accts · $11.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$416,675
Investment management$373,283
Audit (IQPA)$25,000
Total administrative$937,797
The Testing Holdings USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,060
Median for plans this size$4,294
2024$2,060 per active participant
2023$1,895 per active participant
2022$1,899 per active participant

Testing Holdings USA, Inc.'s 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$413,376
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$373,283
AON H EWITT · Consulting$115,946
MELTON & MELTON · Accounting / audit$25,000
OGLETREE DEAKINS · Legal$13,706

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$937,797 · 0.12%
2023$900,727 · 0.13%
2022$918,133 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Texas
Locke Lord LLP TX$891.7M · 0.04%
Atos TX$777.8M · 0.10%
Vinson & Elkins L.L.P. TX$555.9M · 0.15%
Dnv Gl USA, Inc. TX$518.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223480826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.