Plan Ledger DOL Form 5500 · updated monthly

Texas Hydraulics Newco, Inc.401(k)

TEXAS HYDRAULICS NEWCO, INC. 401(K) PLAN · TEMPLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Texas Hydraulics Newco, Inc. reported $140,629 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,241 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 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,188th-largest of 5,688 plans among Texas employers on file, and the 3,535th of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,415,585
Participants with balances641
Active participants508
Employer contributions$1,138,446
Employee contributions$2,585,349
Employer contribution per active participant$2,241
Average account balance$66,171
Benefits paid to participants$3,768,851
Plan auditUnmodified (clean) audit opinion
AuditorBROCKWAY, GERSHBACH, ET. AL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 641 accts · $1.1M emplr
2023$37.4M · 788 accts · $1.2M emplr
2022$31.0M · 689 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,534
Investment management$70,095
Total administrative$140,629
The Texas Hydraulics Newco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,241
Median for plans this size$2,416
2024$2,241 per active participant
2023$2,242 per active participant
2022$1,999 per active participant

Texas Hydraulics Newco, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,534
WILLIS TOWERS WATSON · Investment advisory (plan)$66,332

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$140,629 · 0.35%
2023$113,274 · 0.33%
2022$115,321 · 0.34%
Same employer
Similar plansManufacturing · Texas
Nielsen & Bainbridge, LLC TX$44.6M · 0.24%
Bishop Employee Company LLC TX$42.2M · 0.21%
New Process Steel, L.P. TX$40.6M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810718644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.