Plan Ledger DOL Form 5500 · updated monthly

Treecon Resources, Inc.401(k)

TREECON RESOURCES INC. 401(K) PLAN · LUFKIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Treecon Resources, Inc. reported $2,415 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,372 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 rose from 0.03% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,415th of 5,688), and 3,855th of 4,246 in wholesale trade. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,595,574
Participants with balances93
Active participants141
Employer contributions$193,431
Employee contributions$304,871
Employer contribution per active participant$1,372
Average account balance$38,662
Benefits paid to participants$250,326
Plan auditUnmodified (clean) audit opinion
AuditorLANGLEY WILLIAMS & COMPANY LLC
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 93 accts · $193K emplr
2022$2.7M · 102 accts · $182K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,328
Investment management$87
Total administrative$2,415
The Treecon Resources, Inc. 401(k) match · 2023
Employer contribution per active participant$1,372
Median for plans this size$1,308
2023$1,372 per active participant
2022$1,783 per active participant

Treecon Resources, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$2,414
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp

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$2,415 · 0.08%
2022$968 · 0.03%
Similar plansWholesale Trade · Texas
Sellmark Corporation TX$3.6M · 0.96%
Usgb, LLC TX$3.6M · 0.08%
Solidwood Forest TX$3.5M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232708876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.