Plan Ledger DOL Form 5500 · updated monthly

Texas Medical Liability Trust401(k)

TEXAS MEDICAL LIABILITY TRUST 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Texas Medical Liability Trust reported $119,531 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $10,964 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 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 937th-largest of 5,688 plans among Texas employers on file, and the 1,466th of 4,798 in finance & insurance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$59,726,967
Participants with balances213
Active participants176
Employer contributions$1,929,730
Employee contributions$1,500,201
Employer contribution per active participant$10,964
Average account balance$280,408
Benefits paid to participants$3,692,248
Plan auditUnmodified (clean) audit opinion
AuditorCALHOUN, THOMAS & MATZA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$59.7M · 213 accts · $1.9M emplr
2023$53.6M · 207 accts · $1.9M emplr
2022$44.5M · 202 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,820
Investment management$74,711
Total administrative$119,531
The Texas Medical Liability Trust 401(k) match · 2024
Employer contribution per active participant$10,964
Median for plans this size$3,635
2024$10,964 per active participant
2023$10,718 per active participant
2022$9,851 per active participant

Texas Medical Liability Trust's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$53,174
MMA SECURITIES LLC · Investment management$47,428
BONADIO & CO LLP · Investment management$16,992
CHARLES SCHWAB & CO., INC. · Securities brokerage$237

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$119,531 · 0.21%
2023$102,168 · 0.21%
2022$108,213 · 0.22%
Same employer
Similar plansFinance & Insurance · Texas
Guaranty Bancshares, Inc. TX$61.5M · 0.25%
Extraco Corporation TX$59.8M · 0.22%
Ethos Group, Inc. TX$59.1M · 0.46%
Beal Service Corporation TX$58.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742002140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.