Plan Ledger DOL Form 5500 · updated monthly

Trendsetter Construction Inc401(k)

TRENDSETTER 401(K) PLAN · GLADEWATER, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Trendsetter Construction Inc reported $5,315 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,826 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 0.23% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,569th of 5,688), and 4,508th of 5,337 in construction. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 170 to 150 since 2022.

Plan summary
Net assets, end of year$3,073,091
Participants with balances181
Active participants150
Employer contributions$423,906
Employee contributions$391,372
Employer contribution per active participant$2,826
Average account balance$16,978
Benefits paid to participants$252,552
Plan auditUnmodified (clean) audit opinion
AuditorHEARD MCELROY & VESTAL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 181 accts · $424K emplr
2023$2.2M · 147 accts
2022$1.8M · 147 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,223
Investment management$1,092
Total administrative$5,315
The Trendsetter Construction Inc 401(k) match · 2024
Employer contribution per active participant$2,826
Median for plans this size$1,313

Trendsetter Construction Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
ADP, INC. · Recordkeeping · Investment advisory (participants)$5,314

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

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Administrative cost history3
2024$5,315 · 0.20%
2023$3,960 · 0.20%
2022$4,572 · 0.23%
Same employer
Similar plansConstruction · Texas
Noble Texas Builders, LLC TX$3.2M · 1.63%
R. K. Bass Electric, Inc. TX$2.9M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752765289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.