Retail Investors of Texas, LTD. 401(k) Review & Grade
Retail Investors of Texas, LTD. 401(k) Profit Sharing Plan & Trust
Nederland, TXRetail Trade1,336 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$194Employer $ per active participant
$711Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$37.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity7.7 / 5015th percentile for employer $ per participant
- Low cost8.9 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 159th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 36th |
| Employee saving | 9th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $66,019 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Retail Investors of Texas put in about $194 per active participant, below the typical peer ($743). 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 (0.35% 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 | $259,085 |
| Participant (employee) contributions | $949,042 |
| Other contributions (incl. rollovers in) | $16,928 |
| Administrative expenses paid from the plan | $125,531 |
| Investment advisory & management fees | $51,954 |
| Benefits paid out | $4,486,014 |
| Net assets, start / end of year | $35.4M / $37.0M |
| Active participants, start / end of year | 810 / 1,861 |
| Participants with account balances | 528 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Broussard & Co, Cpa's, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $66,377 reported compensation |
| Beaumont Asset Management LLC | $51,954 reported compensation |
| Broussard & Company, Cpa's L.L.C | $7,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250701075422NAL0012489265001, received 2025-07-01, EIN 74-1471937, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.