Plan Ledger DOL Form 5500 · updated monthly

Tubes, Inc.401(k)

TUBES, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Tubes, Inc. reported $27,662 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,284 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 0.14% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,309th of 5,688), and 3,139th of 4,246 in wholesale trade. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,448,105
Participants with balances63
Active participants78
Employer contributions$178,131
Employee contributions$418,701
Employer contribution per active participant$2,284
Average account balance$134,097
Benefits paid to participants$818,798
Plan auditUnmodified (clean) audit opinion
AuditorCALVIN MARTIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 63 accts · $178K emplr
2023$8.0M · 71 accts · $188K emplr
2022$7.6M · 71 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,357
Investment management$8,180
Trustee / custodial$1,920
Total administrative$27,662
The Tubes, Inc. 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$1,313
2024$2,284 per active participant
2023$2,607 per active participant
2022$2,330 per active participant

Tubes, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
BOKF, NA · Custodial (securities) · Trustee$27,661

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$27,662 · 0.34%
2023$30,494 · 0.39%
2022$11,667 · 0.14%
Similar plansWholesale Trade · Texas
Surf Opco LLC TX$8.7M · 0.72%
Kmm Telecommunications TX$8.7M · 0.38%
Hossley Holdings, Inc. TX$8.4M · 0.03%
Attebury Grain, LLC TX$8.4M · 0.72%
M & F Western Products TX$8.2M · 0.22%
Vaughan & Sons Inc TX$8.2M · 1.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760121226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.