Plan Ledger DOL Form 5500 · updated monthly

TURN2 Specialty Companies, LLC401(k)

TURN2 SPECIALTY COMPANIES 401(K) PLAN · BAYTOWN, TX · plan year 2024

Reported admin expense ratio · 2024
0.55%

TURN2 Specialty Companies, LLC reported $20,616 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. 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 0.42% to 0.55%. 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 (4,380th of 5,688), and 4,314th of 5,337 in construction. active participation has shrunk from 1,013 to 901 since 2022.

Plan summary
Net assets, end of year$3,742,383
Participants with balances160
Active participants901
Employer contributions—
Employee contributions$1,134,977
Employer contribution per active participant—
Average account balance$23,390
Benefits paid to participants$1,543,486
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 160 accts
2023$3.7M · 174 accts
2022$1.8M · 168 accts
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 · 20245
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$20,616
VANGUARD · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
ALLSPRING · Investment managementindirect comp

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$20,616 · 0.55%
2023$18,792 · 0.69%
2022$7,340 · 0.42%
Same employer
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Ttg Utilities, Inc. TX$3.8M · 1.51%
Win-Con Enterprises, Inc. TX$3.8M · 1.66%
Dailey Company, Inc. TX$3.7M · 0.20%
Duphil, Inc TX$3.5M · 0.62%
Merit Electric Company TX$3.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831517552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.