Plan Ledger DOL Form 5500 · updated monthly

Titan Production Equipment, LLC401(k)

TITAN PRODUCTION EQUIPMENT 401(K) SAVINGS PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Titan Production Equipment, LLC reported $53,511 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,849 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 fell from 0.79% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,730th-largest of 5,688 plans among Texas employers on file, and 7,883rd of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 169 to 202 since 2022.

Plan summary
Net assets, end of year$12,478,636
Participants with balances214
Active participants202
Employer contributions$575,572
Employee contributions$1,202,785
Employer contribution per active participant$2,849
Average account balance$58,311
Benefits paid to participants$996,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 214 accts · $576K emplr
2023$10.0M · 10 accts · $580K emplr
2022$7.1M · 209 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,586
Investment management$12,500
Audit (IQPA)$13,425
Total administrative$53,511
The Titan Production Equipment, LLC 401(k) match · 2024
Employer contribution per active participant$2,849
Median for plans this size$2,416
2024$2,849 per active participant
2023$2,624 per active participant
2022$717 per active participant

Titan Production Equipment, LLC'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 · 20244
HM&M GROUP, LLC · Accounting / audit$13,425
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$6,250
CREATIVE PLANNING LLC · Investment advisory (plan)$6,250

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

Administrative cost history3
2024$53,511 · 0.48%
2023$6,972 · 0.08%
2022$62,269 · 0.79%
Same employer
Similar plansManufacturing · Texas
Gr Energy Services Mgt LP TX$12.6M · 0.51%
Barcel USA, LLC TX$12.6M · 0.56%
Red Dot Corporation TX$12.5M · 0.26%
Insightec Inc TX$12.3M · 0.59%
Metalforms, LTD TX$12.3M · 0.02%
Allied Power Group, LLC TX$12.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825231271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.