Plan Ledger DOL Form 5500 · updated monthly

Tier-One Property Services, LLC401(k)

ASSOCIATIONS OF TEXAS MEP · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
2.16%

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

Tier-One Property Services, LLC reported $33,564 in plan administrative expenses for 2024: 2.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $312 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 1.72% to 2.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,958th of 5,688), and 1,962nd of 2,534 in administrative & support services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 540 to 975 since 2022.

Plan summary
Net assets, end of year$1,904,587
Participants with balances313
Active participants975
Employer contributions$304,173
Employee contributions$440,076
Employer contribution per active participant$312
Average account balance$6,085
Benefits paid to participants$195,341
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $22K emplr
2024$1.9M · 313 accts · $304K emplr
2023$1.2M · 288 accts · $280K emplr
2022$517K · 210 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,564
Total administrative$33,564
The Tier-One Property Services, LLC 401(k) match · 2024
Employer contribution per active participant$312
Median for plans this size$1,313
2024$312 per active participant
2023$448 per active participant
2022$347 per active participant

Tier-One Property Services, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$19,073
3(16) FIDUCIARY SERVICES CORP · Recordkeeping · Loan processing$14,491

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

Recordkeeper by year3
20253(16) FIDUCIARY SERVICES CORP, Transamerica
20243(16) FIDUCIARY SERVICES CORP, Transamerica
20233(16) FIDUCIARY SERVICES CORP, Transamerica

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Administrative cost history4
2025Not separately reported
2024$33,564 · 2.16%
2023$15,887 · 1.85%
2022$5,174 · 1.72%
Same employer
Similar plansAdministrative & Support Services · Texas
Jmr Employees, LLC TX$2.1M · 0.88%
Integriward, LLC TX$1.6M · 1.88%
Earthcare Management, Inc TX$1.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452687695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.