Liquid Environmental Solutions Corporation 401(k) Review & Grade
Liquid Environmental Solutions & Affiliates 401(k) Profit Sharing Plan
Irving, TXProfessional, Scientific & Technical Services930 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$404Employer $ per active participant
$3,132Employee $ saved per active participant
0.86%Direct admin cost, % of plan assets
$19.2MNet plan assets, end of year
$16,417Average balance per account
Score breakdown
- Employer generosity5.9 / 5012th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving2.3 / 1515th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 9th |
| Employee saving | 15th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Liquid Environmental Solutions put in about $404 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.
- Direct plan expenses (0.86% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $376,090 |
| Participant (employee) contributions | $2,912,442 |
| Other contributions (incl. rollovers in) | $279,430 |
| Administrative expenses paid from the plan | $151,254 |
| Contract administrator fees | $129,366 |
| Other admin expenses | $21,888 |
| Benefits paid out | $2,318,463 |
| Net assets, start / end of year | $15.8M / $19.2M |
| Active participants, start / end of year | 948 / 912 |
| Participants with account balances | 1,170 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KB Falk, PLLC |
Largest service providers (Schedule C)
| John Hancock USA | $17,470 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015125323NAL0004898673001, received 2025-10-15, EIN 61-1428824, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.