Plan Ledger DOL Form 5500 · updated monthly

Wick, Phillips, Gould & Martin, LLP401(k)

WICK, PHILLIPS, GOULD & MARTIN, LLP 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Wick, Phillips, Gould & Martin, LLP reported $8,180 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,829 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 0.22% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,577th-largest of 5,688 plans among Texas employers on file, and the 4,293rd of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,914,612
Participants with balances149
Active participants120
Employer contributions$819,528
Employee contributions$1,965,599
Employer contribution per active participant$6,829
Average account balance$194,058
Benefits paid to participants$869,830
Plan auditUnmodified (clean) audit opinion
AuditorSAVILLE CPAS & ADVISORS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 149 accts · $820K emplr
2023$23.7M · 138 accts · $845K emplr
2022$17.9M · 127 accts · $729K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,680
Total administrative$8,180
The Wick, Phillips, Gould & Martin, LLP 401(k) match · 2024
Employer contribution per active participant$6,829
Median for plans this size$2,416
2024$6,829 per active participant
2023$6,818 per active participant
2022$6,623 per active participant

Wick, Phillips, Gould & Martin, LLP'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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$7,680

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$8,180 · 0.03%
2023$16,262 · 0.08%
2022$43,314 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Texas
Mehaffy & Weber, P.C. TX$29.3M · 0.09%
Gyrodata Incorporated TX$29.2M · 0.25%
Waters & Kraus, LLP TX$28.7M · 0.28%
Axiom Space, Inc. TX$27.7M · 0.04%
Fmc Services, LLC TX$27.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454183914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.