Plan Ledger DOL Form 5500 · updated monthly

Witt O'Brien's Payroll Management LLC401(k)

WITT O'BRIEN'S SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Witt O'Brien's Payroll Management LLC reported $92,728 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,599 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 1 year on file its reported administrative ratio rose from 0.38% to 0.47%. 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 1,947th-largest of 5,688 plans among Texas employers on file, and the 5,343rd of 11,654 in professional & technical services. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,151,164
Participants with balances309
Active participants245
Employer contributions$1,126,790
Employee contributions$2,223,177
Employer contribution per active participant$4,599
Average account balance$68,450
Benefits paid to participants$2,940,957
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON ACCOUNTANTS & ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2024$21.2M · 309 accts · $1.1M emplr
2023$18.3M · 293 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,702
Investment management$46,026
Total administrative$92,728
The Witt O'Brien's Payroll Management LLC 401(k) match · 2024
Employer contribution per active participant$4,599
Median for plans this size$2,416
2024$4,599 per active participant
2023$4,627 per active participant

Witt O'Brien's Payroll Management 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,668
CREATIVE PLANNING, LLC · Investment advisory (plan)$46,020

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

Administrative cost history2
2024$92,728 · 0.47%
2023$69,485 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Texas
Mj Management, LLC TX$21.3M · 0.23%
Certain Affinity, Inc. TX$21.2M · 0.28%
Hearing Lab Technology, LLC TX$21.2M · 0.39%
Crossover Markets LLC TX$21.2M · 0.47%
Capitol Services, Inc. TX$21.1M · 0.11%
Applied Consultants, Inc. TX$21.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320449815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.