Plan Ledger DOL Form 5500 · updated monthly

X-Fab Texas, Inc.401(k)

X-FAB TEXAS, INC. EMPLOYEES 401(K) PROFIT SHARING PLAN · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

X-Fab Texas, Inc. reported $90,210 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $685 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 0.21% to 0.19%. 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 1,080th-largest of 5,688 plans among Texas employers on file, and the 3,219th of 13,661 in manufacturing. In 2024, employees put in $8.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,536,797
Participants with balances526
Active participants463
Employer contributions$317,195
Employee contributions$2,692,190
Employer contribution per active participant$685
Average account balance$92,275
Benefits paid to participants$5,994,384
Plan auditUnmodified (clean) audit opinion
AuditorBODWELL VASEK WELLS DESIMONE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$48.5M · 526 accts · $317K emplr
2023$44.8M · 526 accts · $1.1M emplr
2022$39.2M · 464 accts · $956K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,322
Investment management$18,888
Total administrative$90,210
The X-Fab Texas, Inc. 401(k) match · 2024
Employer contribution per active participant$685
Median for plans this size$2,416
2024$685 per active participant
2023$2,356 per active participant
2022$2,163 per active participant

X-Fab Texas, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,438
LEAFHOUSE FINANCIAL ADVISORS LLC · Investment advisory (plan)$18,888

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$90,210 · 0.19%
2023$83,838 · 0.20%
2022$89,747 · 0.21%
Same employer
Similar plansManufacturing · Texas
Fagron Holding USA LLC TX$49.9M · 0.61%
Relevant Solutions LLC TX$49.4M · 0.09%
Cosm Inc. TX$49.4M · 0.22%
Aer Manufacturing, L.P. TX$48.9M · 0.11%
Sachem, Inc. TX$48.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752798998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.