Plan Ledger DOL Form 5500 · updated monthly

US Med-Equip, LLC401(k)

US MED-EQUIP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

US Med-Equip, LLC reported $197,585 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,074 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 0.92% to 1.18%. 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 2,181st-largest of 5,688 plans among Texas employers on file, and the 6,386th of 13,661 in manufacturing. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,829,445
Participants with balances797
Active participants663
Employer contributions$712,184
Employee contributions$2,415,069
Employer contribution per active participant$1,074
Average account balance$22,371
Benefits paid to participants$2,933,516
Plan auditUnmodified (clean) audit opinion
AuditorRYAN + MANN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 797 accts · $712K emplr
2023$15.7M · 848 accts · $616K emplr
2022$12.3M · 814 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,594
Investment management$76,266
Total administrative$197,585
The US Med-Equip, LLC 401(k) match · 2024
Employer contribution per active participant$1,074
Median for plans this size$2,416
2024$1,074 per active participant
2023$900 per active participant
2022$538 per active participant

US Med-Equip, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
RAYMOND JAMES AND ASSOCIATES INC. · Investment advisory (participants)$76,266
NOVA 401(K) ASSOCIATES · 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 history3
2024$197,585 · 1.18%
2023$186,263 · 1.33%
2022$81,006 · 0.92%
Same employer
Similar plansManufacturing · Texas
Air Water America Inc. TX$18.1M · 0.73%
Epiroc North America Corp. TX$17.9M · 0.09%
Sparrows Offshore, LLC TX$17.9M · 0.67%
Suhm Spring Works, Inc. TX$17.7M · 0.04%
Pecan Deluxe Candy Company TX$17.7M · 0.63%
Valvtechnologies, Inc. TX$17.5M · 0.30%
Triten Corporation TX$17.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200084897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.