Plan Ledger DOL Form 5500 · updated monthly

The Clampitt Companies, LLC401(k)

THE CLAMPITT COMPANIES, LLC PROFIT SHARING/401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

The Clampitt Companies, LLC reported $97,541 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $291 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 1 year on file its reported administrative ratio fell from 0.62% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,845th-largest of 5,688 plans among Texas employers on file, and the 1,686th of 4,246 in wholesale trade. In 2023, employees put in $12.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,001,648
Participants with balances273
Active participants305
Employer contributions$88,698
Employee contributions$1,094,847
Employer contribution per active participant$291
Average account balance$84,255
Benefits paid to participants$5,145,229
Plan auditUnmodified (clean) audit opinion
AuditorLANE GORMAN TRUBITT,LLC
Plan history2
Yearassets · accounts · employer contribution
2023$23.0M · 273 accts · $89K emplr
2022$22.9M · 268 accts · $85K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$97,541
Total administrative$97,541
The The Clampitt Companies, LLC 401(k) match · 2023
Employer contribution per active participant$291
Median for plans this size$2,440
2023$291 per active participant
2022$402 per active participant

The Clampitt Companies, LLC's 2023 employer contribution ran below the $2,440 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 · 20232
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$47,608

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

Administrative cost history2
2023$97,541 · 0.42%
2022$143,075 · 0.62%
Same employer
Similar plansWholesale Trade · Texas
Tidel Engineering LP TX$24.4M · 0.53%
Pss Holdings, LLC TX$24.2M · 0.35%
Omega Acquisition Corp TX$23.6M · 0.15%
Cantex Inc. TX$22.7M · 0.10%
Bsc Administration LLC TX$21.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750834975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.