Plan Ledger DOL Form 5500 · updated monthly

Xcel Ndt, LLC401(k)

XCEL NDT, LLC 401(K) PROFIT SHARING PLAN · LONGVIEW, TX · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Xcel Ndt, LLC reported $24,378 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $750 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 0.82% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,118th of 5,688), and 9,881st of 11,654 in professional & technical services. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 243 to 288 since 2022.

Plan summary
Net assets, end of year$4,776,640
Participants with balances155
Active participants288
Employer contributions$215,930
Employee contributions$770,241
Employer contribution per active participant$750
Average account balance$30,817
Benefits paid to participants$201,487
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 155 accts · $216K emplr
2023$3.2M · 140 accts · $201K emplr
2022$2.1M · 135 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,854
Investment management$4,524
Total administrative$24,378
The Xcel Ndt, LLC 401(k) match · 2024
Employer contribution per active participant$750
Median for plans this size$1,313
2024$750 per active participant
2023$607 per active participant
2022$232 per active participant

Xcel Ndt, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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
ADP, INC. · Investment advisory (participants) · Other services$24,377

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$24,378 · 0.61%
2023$19,820 · 0.75%
2022$17,785 · 0.82%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 455444964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.