Plan Ledger DOL Form 5500 · updated monthly

Varel International Ind., LLC401(k)

VAREL INTERNATIONAL IND., LLC 401(K) SALARY SAVINGS PLAN · KINGWOOD, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Varel International Ind., LLC reported $43,906 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,726 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 2,072nd-largest of 5,688 plans among Texas employers on file, and the 6,052nd of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,409,260
Participants with balances209
Active participants114
Employer contributions$538,763
Employee contributions$914,075
Employer contribution per active participant$4,726
Average account balance$92,867
Benefits paid to participants$1,047,081
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 209 accts · $539K emplr
2023$16.1M · 220 accts · $514K emplr
2022$14.4M · 199 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,906
Total administrative$43,906
The Varel International Ind., LLC 401(k) match · 2024
Employer contribution per active participant$4,726
Median for plans this size$2,416
2024$4,726 per active participant
2023$4,394 per active participant
2022$3,701 per active participant

Varel International Ind., 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$43,906

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,906 · 0.25%
2023$36,145 · 0.24%
2022$41,808 · 0.26%
Same employer
Similar plansManufacturing · Texas
Cal-Tex Lumber Co., Inc. TX$19.7M · 0.17%
Blackbeard Management, LLC TX$19.6M · 0.33%
Accent Packaging, Inc. TX$19.5M · 0.49%
S-Tec Corporation TX$19.5M · 0.03%
Flotek Industries, Inc. TX$19.1M · 0.19%
Build a Sign LLC TX$19.0M · 0.24%
Aspen Enterprises, LTD. TX$18.9M · 0.15%
Presco Polymers Opco, Inc. TX$18.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202761179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.