Plan Ledger DOL Form 5500 · updated monthly

Texo Abc/Agc, Inc.401(k)

TEXO MEMBERS 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Texo Abc/Agc, Inc. reported $837,596 in plan administrative expenses for 2023: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $423 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 0.67% to 0.73%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 522nd-largest of 5,688 plans among Texas employers on file, and the 144th of 3,341 in other services. In 2023, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 8,333 to 10,306 since 2022.

Plan summary
Net assets, end of year$128,555,098
Participants with balances3,251
Active participants10,306
Employer contributions$4,361,577
Employee contributions$11,123,011
Employer contribution per active participant$423
Average account balance$39,543
Benefits paid to participants$10,978,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.8M · 2,149 accts · $4.8M emplr
2023$128.6M · 3,251 accts · $4.4M emplr
2022$107.7M · 2,996 accts · $3.5M emplr
Administrative expenses, itemized · 2023
Investment management$685,729
Audit (IQPA)$26,960
Total administrative$837,596
The Texo Abc/Agc, Inc. 401(k) match · 2023
Employer contribution per active participant$423
Median for plans this size$3,659
2024$744 per active participant
2023$423 per active participant
2022$425 per active participant

Texo Abc/Agc, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202310
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$592,402
PINNACLE FINANCIAL SERVICES, INC. · Recordkeeping · Loan processing$104,770
SOLTIS INVESTMENT ADVISORS · Investment advisory (plan)$88,176
TEMPLETON & COMPANY, LLP · Accounting / audit$26,000
3(16) FIDUCIARY SERVICES CORPORATIO · Plan administrator$22,044
MOGUL INSURANCE AGENCY$6,299
TEXO ABC AGC INC$6,237
FIDUCIARY OUTSOURCING, LLC · Plan administrator$1,560
FIDUCIARY OUTSOURCING, LLC · Accounting / audit$960
PECOS CONSTRUCTION LLC$4

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

Recordkeeper by year2
2024ERP SOUTHWEST LLC DBA ERP RETIREMEN, PINNACLE FINANCIAL SERVICES, INC., Transamerica
2023PINNACLE FINANCIAL SERVICES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Texo Abc/Agc, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$890,046 · 0.73%
2023$837,596 · 0.71%
2022$774,520 · 0.67%
Similar plansOther Services · Texas
Wartsila Holding, Inc. TX$193.0M · 0.04%
Tenerity, Inc. TX$150.3M · 0.06%
Nsmg Shared Services, LLC TX$80.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320274111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.