Plan Ledger DOL Form 5500 · updated monthly

Tex-Air Parts, Inc.401(k)

TEX-AIR PARTS, INC. 401(K) PLAN · FORTH WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Tex-Air Parts, Inc. reported $18,499 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,542 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 1 year on file its reported administrative ratio rose from 0.39% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,287th of 5,688), and 10,143rd of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,072,208
Participants with balances142
Active participants103
Employer contributions$158,788
Employee contributions$294,821
Employer contribution per active participant$1,542
Average account balance$28,678
Benefits paid to participants$171,145
Plan auditUnmodified (clean) audit opinion
AuditorJ. TAYLOR & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$4.1M · 142 accts · $159K emplr
2023$3.4M · 129 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,006
Audit (IQPA)$13,493
Total administrative$18,499
The Tex-Air Parts, Inc. 401(k) match · 2024
Employer contribution per active participant$1,542
Median for plans this size$1,313
2024$1,542 per active participant
2023$1,392 per active participant

Tex-Air Parts, Inc.'s 2024 employer contribution ran above the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$17,635
MMA SECURITIES LLC · Investment advisory (plan)$13,493

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Tex-Air Parts, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$18,499 · 0.50%
2023$12,221 · 0.39%
Same employer
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Highlevel Inc. TX$4.1M · 0.15%
Landpoint, LLC TX$4.1M · 0.53%
Orum Inc. TX$4.1M · 0.15%
Nyati Services, Inc. TX$4.0M · 0.38%
Strategic Data Systems TX$3.9M · 0.57%
Glow Networks, Inc. TX$3.9M · 1.47%
Coke Management Group TX$3.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751160163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.