Plan Ledger DOL Form 5500 · updated monthly

The Board of Trustees of the Maritime Assoc. - I.L.A Retirement PlanProfit-sharing plan

MARITIME ASSOCIATION - I.L.A. RETIREMENT FUND · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Board of Trustees of the Maritime Assoc. - I.L.A Retirement Plan reported $1,369,042 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $16,905 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 0.22% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 118th-largest of 5,688 plans among Texas employers on file, and the 38th of 2,677 in transportation & warehousing. In 2024, the employer put in $12.66 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,035,895,338
Participants with balances4,815
Active participants4,856
Employer contributions$82,092,749
Employee contributions$6,482,597
Employer contribution per active participant$16,905
Average account balance$215,139
Benefits paid to participants$56,754,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 4,815 accts · $82.1M emplr
2023$900.8M · 4,853 accts · $65.9M emplr
2022$742.5M · 4,607 accts · $63.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,324
Investment management$596,314
Audit (IQPA)$65,498
Total administrative$1,369,042
Employer contributions to the The Board of Trustees of the Maritime Assoc. - I.L.A Retirement Plan plan · 2024
Employer contribution per active participant$16,905
Median for plans this size$4,294
2024$16,905 per active participant
2023$13,594 per active participant
2022$13,809 per active participant

The Board of Trustees of the Maritime Assoc. - I.L.A Retirement Plan's 2024 employer contribution ran above the $4,294 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 · 20249
BYRNE SOFTWARE · Recordkeeping$10,906
VANGUARD$482,207
MARITIME ASSOCIATION · Plan administrator$233,765
SEGAL SELECT INSURANCE$103,165
INVESTMENT PERFORMANCE SERVICES · Investment advisory (plan)$93,696
MCCONNELL & JONES, LLP · Accounting / audit$65,498
CM LAW PLLC · Legal$18,785
ROCKIT CONSULTING · Consulting$16,576
US BANK · Custodial (securities)$15,568

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

Recordkeeper by year2
2024BYRNE SOFTWARE
2023BYRNE SOFTWARE

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

Administrative cost history3
2024$1,369,042 · 0.14%
2023$1,266,327 · 0.15%
2022$1,550,334 · 0.22%
Same employer
Similar plansTransportation & Warehousing · Texas
Southwest Airlines Company TX$18.9B · 0.02%
Bnsf Railway Company TX$4.8B · 0.00%
Kirby Corporation TX$850.1M · 0.07%
Envoy Air Inc. TX$744.1M · 0.20%
Plains All American Gp LLC TX$625.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741721447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.