Ecobat, LLC 401(k) Review & Grade
Ecobat 401(k) Plan
Dallas, TXMining, Oil & Gas774 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,987Employer $ per active participant
$6,747Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$56.6MNet plan assets, end of year
$64,342Average balance per account
Score breakdown
- Employer generosity35.9 / 5072th percentile for employer $ per participant
- Low cost21.2 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving6.3 / 1542th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 85th |
| Employee saving | 42th |
| Peers that auto-enroll | 60% |
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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 ($163,633 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
- Ecobat put in about $6,987 per active participant, more than the typical peer ($4,357). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 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 | $5,411,103 |
| Participant (employee) contributions | $5,225,480 |
| Other contributions (incl. rollovers in) | $1,281,181 |
| Administrative expenses paid from the plan | $31,065 |
| Investment advisory & management fees | $31,065 |
| Benefits paid out | $10,469,956 |
| Net assets, start / end of year | $49.6M / $56.6M |
| Active participants, start / end of year | 832 / 717 |
| Participants with account balances | 880 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | The CJ Group, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $31,065 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014095842NAL0005334002004, received 2025-10-14, EIN 84-3365117, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.