Plan Ledger DOL Form 5500 · updated monthly

Texas Forwarding Services, Inc.401(k)

TEXAS FORWARDING SERVICES, INC. RETIREMENT SAVINGS PLAN · LAREDO, TX · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Texas Forwarding Services, Inc. reported $35,098 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,762 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 1.10% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,247th of 5,688), and 1,757th of 2,677 in transportation & warehousing. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,200,081
Participants with balances99
Active participants96
Employer contributions$169,128
Employee contributions$238,923
Employer contribution per active participant$1,762
Average account balance$42,425
Benefits paid to participants$175,604
Plan auditUnmodified (clean) audit opinion
AuditorSOL SCHWARTZ & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 99 accts · $169K emplr
2023$3.6M · 109 accts · $159K emplr
2022$3.1M · 101 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,098
Total administrative$35,098
The Texas Forwarding Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,762
Median for plans this size$1,313
2024$1,762 per active participant
2023$1,656 per active participant
2022$1,490 per active participant

Texas Forwarding Services, 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.

Administrative cost history3
2024$35,098 · 0.90%
2023$30,571 · 0.91%
2022$34,857 · 1.10%
Similar plansTransportation & Warehousing · Texas
Rio Marine, Inc. TX$4.5M · 1.07%
Custom Commodities, Inc. TX$4.4M · 0.11%
V Sandco, LLC TX$4.2M · 0.39%
Davidson Oil Company TX$4.1M · 1.52%
Sunset Logistics, Inc. TX$4.1M · 1.36%
Jetco Delivery, LLC TX$4.0M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742184729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.