Plan Ledger DOL Form 5500 · updated monthly

Texas Riogrande Legal Aid Inc401(k)

TEXAS RIOGRANDE LEGAL AID, INC. 401(K) PROFIT SHARING PLAN · MERCEDES, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Texas Riogrande Legal Aid Inc reported $8,110 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,516 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 0.034% to 0.026%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,461st-largest of 5,688 plans among Texas employers on file, and the 3,932nd of 11,654 in professional & technical services. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has shrunk from 543 to 383 since 2022.

Plan summary
Net assets, end of year$32,293,050
Participants with balances610
Active participants383
Employer contributions$1,346,747
Employee contributions$1,139,257
Employer contribution per active participant$3,516
Average account balance$52,939
Benefits paid to participants$3,157,413
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.3M · 610 accts · $1.3M emplr
2023$30.2M · 663 accts · $1.1M emplr
2022$26.0M · 756 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,110
Total administrative$8,110
The Texas Riogrande Legal Aid Inc 401(k) match · 2024
Employer contribution per active participant$3,516
Median for plans this size$2,416
2024$3,516 per active participant
2023$2,256 per active participant
2022$2,033 per active participant

Texas Riogrande Legal Aid 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.

Administrative cost history3
2024$8,110 · 0.03%
2023$9,054 · 0.03%
2022$8,415 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Texas
The Lanier Law Firm, P.C. TX$32.6M · 0.12%
Generational Equity LLC TX$32.6M · 0.16%
O9 Solutions, Inc. TX$32.5M · 0.03%
Knight Energy Services, LLC TX$32.0M · 0.35%
Valtech Solutions, LLC TX$31.9M · 0.39%
First Rate, Inc. TX$31.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741675230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.