Plan Ledger DOL Form 5500 · updated monthly

Texas United Corporation401(k)

TEXAS UNITED CORPORATION 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Texas United Corporation reported $81,791 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,676 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 rose from 0.06% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 758th-largest of 5,688 plans among Texas employers on file, and the 134th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,829,773
Participants with balances662
Active participants560
Employer contributions$1,498,606
Employee contributions$4,273,069
Employer contribution per active participant$2,676
Average account balance$122,099
Benefits paid to participants$5,067,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.8M · 662 accts · $1.5M emplr
2023$68.6M · 663 accts · $1.4M emplr
2022$56.1M · 658 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$827
Investment management$22,238
Audit (IQPA)$24,976
Total administrative$81,791
The Texas United Corporation 401(k) match · 2024
Employer contribution per active participant$2,676
Median for plans this size$3,635
2024$2,676 per active participant
2023$2,457 per active participant
2022$2,404 per active participant

Texas United Corporation's 2024 employer contribution ran below the $3,635 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
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$33,750
BDO · Accounting / audit$24,976
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,238
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$827

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$81,791 · 0.11%
2023$45,366 · 0.07%
2022$38,427 · 0.06%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Newpark Resources, Inc. TX$82.6M · 0.16%
Fasken Oil and Ranch, LTD. TX$82.5M · 0.02%
Ep Energy Global, LLC TX$82.4M · 0.17%
Quarternorth Energy LLC TX$81.9M · 0.17%
Ranger Energy Services, LLC TX$75.5M · 0.60%
Cnooc Energy U.S.A. LLC TX$73.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741663878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.