Plan Ledger DOL Form 5500 · updated monthly

The Carlson Law Firm, P.C.401(k)

THE CARLSON LAW FIRM, P.C. 401(K) PLAN · KILLEEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

The Carlson Law Firm, P.C. reported $7,135 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,060 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 0.045% to 0.053%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,452nd-largest of 5,688 plans among Texas employers on file, and 6,627th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,762,349
Participants with balances182
Active participants140
Employer contributions$428,382
Employee contributions$761,429
Employer contribution per active participant$3,060
Average account balance$81,112
Benefits paid to participants$695,803
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 182 accts · $428K emplr
2023$12.4M · 173 accts · $365K emplr
2022$9.6M · 157 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,078
Investment management$1,057
Total administrative$7,135
The The Carlson Law Firm, P.C. 401(k) match · 2024
Employer contribution per active participant$3,060
Median for plans this size$2,416
2024$3,060 per active participant
2023$2,899 per active participant
2022$2,794 per active participant

The Carlson Law Firm, P.C.'s 2024 employer contribution ran above the $2,416 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 · 20245
ADP, INC. · Loan processing · Recordkeeping$7,176
CHARLES SCHWAB INVESTMENT MGMT INC. · Securities brokerage$1
ADP BROKER-DEALERindirect comp
AMERIPRISE FINANCIAL · Other servicesindirect comp
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$7,135 · 0.05%
2023$5,025 · 0.05%
2022$4,722 · 0.05%
Similar plansProfessional & Technical Services · Texas
Quick Technologies, Inc. TX$14.9M · 0.06%
Texas de Brazil Corporation TX$14.8M · 0.04%
Black Mann & Graham LLP TX$14.7M · 0.47%
McConnell & Jones LLP TX$14.7M · 0.42%
Subsplash, Inc. TX$14.7M · 0.21%
Xpel, Inc. TX$14.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742216949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.