Plan Ledger DOL Form 5500 · updated monthly

The Boardroom Salon Company LLC401(k)

THE BOARDROOM SALON COMPANY LLC 401(K) PLAN · NORTH RICHLAND HILLS, TX · plan year 2023

Reported admin expense ratio · 2023
0.86%

The Boardroom Salon Company LLC reported $13,083 in plan administrative expenses for 2023: 0.86% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (4,927th of 5,688), and 2,868th of 3,341 in other services.

Plan summary
Net assets, end of year$1,980,270
Participants with balances985
Active participants389
Employer contributions—
Employee contributions$479,751
Employer contribution per active participant—
Average account balance$2,010
Benefits paid to participants$146,257
Plan auditUnmodified (clean) audit opinion
AuditorHUSELTON MORGAN & MAULTSBY
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,083
Total administrative$13,083
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 · 20231
ADP, INC. · Loan processing · Recordkeeping$13,083

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

Administrative cost history1
2023$13,083 · 0.86%
Same employer
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Operation Kindness TX$2.1M · 0.15%
The Center for Pursuit TX$2.1M · 0.00%
Jobs Holdings, Inc. TX$1.9M · 0.12%
Jack Boles Services, Inc. TX$1.8M · 0.05%
Glenn Polk Fm, Inc. TX$1.7M · 0.23%
Goodwill of South Texas TX$1.7M · 3.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900152130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.