Plan Ledger DOL Form 5500 · updated monthly

Tsrc Specialty Materials LLC401(k)

TSRC SPECIALTY MATERIALS 401(K) RETIREMENT PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Tsrc Specialty Materials LLC reported $374 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,315 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 0.07% to 0.00%. 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 1,839th-largest of 5,688 plans among Texas employers on file, and the 5,409th of 13,661 in manufacturing. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,089,635
Participants with balances113
Active participants87
Employer contributions$375,390
Employee contributions$1,019,471
Employer contribution per active participant$4,315
Average account balance$204,333
Benefits paid to participants$1,651,868
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 113 accts · $375K emplr
2023$20.3M · 113 accts · $376K emplr
2022$17.2M · 111 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$374
Total administrative$374
The Tsrc Specialty Materials LLC 401(k) match · 2024
Employer contribution per active participant$4,315
Median for plans this size$2,416
2024$4,315 per active participant
2023$4,422 per active participant
2022$4,329 per active participant

Tsrc Specialty Materials LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$374

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$374 · 0.00%
2023$15,641 · 0.08%
2022$12,493 · 0.07%
Similar plansManufacturing · Texas
Firefly Aerospace Inc. TX$23.5M · 0.79%
Thomas Reprographics, Inc. TX$23.2M · 0.29%
Thomas Instrument, Inc. TX$23.1M · 0.41%
Keg 1 O'Neal LLC TX$23.0M · 0.08%
Republic Plastics, LTD TX$22.8M · 0.64%
Anchor Partners, LLC TX$22.8M · 0.56%
Pci Industries LLC TX$22.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760269517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.