Plan Snapshot
- Plan Sponsor: Pearce Industries, INC.
- Sponsor EIN: 741892795
- Sponsor Address: 12320 SOUTH MAIN STREET, HOUSTON, TX, 77035
- Plan Type: 401(k)
- Total Participants: 1,076
- Total Assets: $73.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,076 | $73.1M | $2.5M | $4.1M |
| 2023 | 1,027 | $63.6M | $3.3M | $3.3M |
| 2022 | 773 | $51.1M | $3.7M | $2.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $131,286 | — | $131,286 |
| WORLD INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $59,002 | — | $59,002 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $42,271 | — | $42,271 |
| MELTON & MELTON, LLP | Auditor | $1,500 | — | $1,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $234,059
- Estimated Expense Ratio: 0.320% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $234,059 | $190,288 | — | $1,500 | — |
| 2023 | $194,965 | $133,007 | — | $26,500 | — |
| 2022 | $162,533 | $129,921 | $32,312 | — | $300 |