Plan Ledger DOL Form 5500 · updated monthly

Tbc - the Boring Company401(k)

THE BORING COMPANY · BASTROP, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

Tbc - the Boring Company reported $5,002 in plan administrative expenses for 2024: 0.16% of average plan assets, lower 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.

Across the 2 years on file its reported administrative ratio fell from 0.52% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,368th of 5,688), and 1,814th of 2,677 in transportation & warehousing. active participation has grown from 224 to 476 since 2022.

Plan summary
Net assets, end of year$3,777,438
Participants with balances427
Active participants476
Employer contributions—
Employee contributions$937,194
Employer contribution per active participant—
Average account balance$8,846
Benefits paid to participants$314,486
Plan auditUnmodified (clean) audit opinion
AuditorDESROCHES PARTNERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 427 accts
2023$2.6M · 227 accts · $5K emplr
2022$1.9M · 204 accts
Administrative expenses, itemized · 2024
Investment management$5,002
Total administrative$5,002
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 · 20242
HUMAN INTEREST ADVISOR LLC · Contract administrator · Recordkeeping$929
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$4,073

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

Recordkeeper by year2
2024Human Interest
2023Human Interest

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

Administrative cost history3
2024$5,002 · 0.16%
2023$9,426 · 0.42%
2022$9,344 · 0.52%
Same employer
Similar plansTransportation & Warehousing · Texas
Jetco Delivery, LLC TX$4.0M · 0.98%
Daniel B. Hastings, Inc. TX$4.0M · 0.01%
Cletex Trucking, Inc. TX$3.7M · 0.05%
Fetch Package Inc. TX$3.5M · 1.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820839443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.