Barrios Technology 401(k) Review & Grade
Barrios Technology 401(k) Profit Sharing Plan
Houston, TXProfessional, Scientific & Technical Services809 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,562Employer $ per active participant
$8,817Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$135.3MNet plan assets, end of year
$127,047Average balance per account
Score breakdown
- Employer generosity21.2 / 5042th percentile for employer $ per participant
- Low cost14.9 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 60th |
| Employee saving | 48th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $116,707 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Barrios Technology put in about $2,562 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,072,807 |
| Participant (employee) contributions | $7,132,945 |
| Other contributions (incl. rollovers in) | $1,536,489 |
| Administrative expenses paid from the plan | $213,066 |
| Investment advisory & management fees | $157,937 |
| Benefits paid out | $10,844,906 |
| Net assets, start / end of year | $118.6M / $135.3M |
| Active participants, start / end of year | 802 / 816 |
| Participants with account balances | 1,065 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ham, Langston & Brezina, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $226,883 reported compensation |
| Da Davidson & Co | $152,698 reported compensation |
| Empower Advisory Group, LLC | $55,129 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009142255NAL0015771090001, received 2025-10-09, EIN 76-0404611, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.