Plan Ledger DOL Form 5500 · updated monthly

Texas Enterprises, Inc.401(k)

TEXAS ENTERPRISES 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Texas Enterprises, Inc. reported $79,384 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,304 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. 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 1,980th-largest of 5,688 plans among Texas employers on file, and the 1,842nd of 4,246 in wholesale trade. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,640,788
Participants with balances305
Active participants259
Employer contributions$855,834
Employee contributions$1,233,474
Employer contribution per active participant$3,304
Average account balance$67,675
Benefits paid to participants$2,596,994
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 305 accts · $856K emplr
2023$18.9M · 319 accts · $843K emplr
2022$15.2M · 305 accts · $739K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,988
Investment management$29,010
Audit (IQPA)$5,937
Total administrative$79,384
The Texas Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$3,304
Median for plans this size$2,416
2024$3,304 per active participant
2023$3,088 per active participant
2022$2,686 per active participant

Texas Enterprises, 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 · 20244
JPMORGAN INVEST HOLDINGS LLC$43,989
AUSTIN MONEY MANAGEMENT CORPORATION · Investment advisory (plan)$29,010
WHITLEY PENN LLP · Accounting / audit$5,937
OLD REPUBLIC SURETY COMPANY$449

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$79,384 · 0.40%
2023$75,258 · 0.44%
2022$64,261 · 0.39%
Same employer
Similar plansWholesale Trade · Texas
Bsc Administration LLC TX$21.8M · 0.07%
The Apparel Group, LTD TX$20.7M · 0.57%
Johnson Equipment Company TX$20.5M · 0.03%
Strategic Materials TX$20.5M · 0.54%
K-Solv, LP TX$20.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741858874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.