Apache Industrial Services, Inc 401(k) Review & Grade
Apache Industrial Services 401(k) Retirement Plan
Houston, TXManufacturing3,057 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$468Employer $ per active participant
$2,799Employee $ saved per active participant
3.14%Direct admin cost, % of plan assets
$28.4MNet plan assets, end of year
$6,095Average balance per account
Score breakdown
- Employer generosity2.2 / 504th percentile for employer $ per participant
- Low cost0.1 / 250th percentile for low admin cost vs. same-size plans
- Employee saving2.0 / 1513th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 0th |
| Employee saving | 13th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($704,118 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Apache Industrial Services put in about $468 per active participant, below the typical peer ($3,452). 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 (3.14% of assets) are well above similar-size plans (0.12%). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,430,184 |
| Participant (employee) contributions | $8,557,597 |
| Other contributions (incl. rollovers in) | $254,989 |
| Administrative expenses paid from the plan | $882,882 |
| Investment advisory & management fees | $39,486 |
| Benefits paid out | $11,755,430 |
| Net assets, start / end of year | $27.9M / $28.4M |
| Active participants, start / end of year | 2,993 / 3,121 |
| Participants with account balances | 4,658 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Oneamerica Retirement Services, LLC | $843,396 reported compensation |
| Northwestern Mutual | $38,629 reported compensation |
| Matrix Trust Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731135555NAL0002626259001, received 2025-07-31, EIN 27-0626868, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.