Powered by OnlyBoth

Benchmarking Grand Homes Organization, LLC 401(K) Plan in Addison, TX against all plans

 

Grand Homes Organization, LLC 401(K) Plan in Addison, TX incurs the 12th-lowest total administrative expenses ($31,346) of the 34 plans in Texas that are a profit-sharing plan, don't provide for automatic enrollment, whose economic sector is Construction, and have 100 to 499 total participants. Those $31,346 compare to an average of $55,918 across the 34 plans.

Note: total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses

Grand Homes Organization, LLC 401(K) Plan has these standings among those 34 peer plans:

  • total administrative expenses = $31,346 (12th-lowest)

  • professional fees = $0 (the lowest, tied)

  • contract administrator fees = $0 (the lowest, tied)

  • investment advisory and management fees = $0 (the lowest, tied)

  • other administrative expenses = $31,346 (4th-highest)

Visualize

 
 

Peers

beat out by Lee Lewis Construction 401(K) Plan in Lubbock, TX ($0), American Legend Services 401k Plan in Lewisville, TX ($755), Phillips/May Corporation 401k Plan in Dallas, TX ($1,208), and Bar Constructors, Inc. 401(K) Profit Sharing Plan in Lancaster, TX ($2,050), and 7 others, ending with A.H. Beck Foundation Co. Inc 401(K) Profit Sharing Plan in San Antonio, TX ($26,158).

beat Central Texas Iron Works Profit Sharing 401(K) Plan in Waco, TX ($32,457), GR Birdwell Construction, LP 401(K) Profit Sharing Plan & Trust in Houston, TX ($38,168), Graco Interests, Inc. Profit Sharing Plan in Houston, TX ($44,763), and Moore Control Systems, Inc. 401(K) Plan in Katy, TX ($49,003), and 18 others, ending with Mason Construction 401(K) Profit Sharing Plan in Beaumont, TX ($171,081).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. a profit-sharing plan. Feature code 2E within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  4. in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  5. total administrative expenses. Lower values are better. From Line 2i(5), Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Note that total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  6. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.