Plan Ledger DOL Form 5500 · updated monthly

E. E. Reed Co., LTD401(k)

REED COMPANIES PROFIT SHARING PLAN AND TRUST · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

E. E. Reed Co., LTD reported $12,730 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,414 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.014% to 0.015%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 704th-largest of 5,688 plans among Texas employers on file, and the 675th of 5,337 in construction. In 2024, the employer put in $3.86 for every $1.00 employees contributed themselves; active participation has grown from 366 to 696 since 2022.

Plan summary
Net assets, end of year$89,486,822
Participants with balances417
Active participants696
Employer contributions$8,640,252
Employee contributions$2,240,571
Employer contribution per active participant$12,414
Average account balance$214,597
Benefits paid to participants$5,065,370
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.5M · 417 accts · $8.6M emplr
2023$82.7M · 503 accts · $6.6M emplr
2022$68.7M · 513 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,730
Total administrative$12,730
The E. E. Reed Co., LTD 401(k) match · 2024
Employer contribution per active participant$12,414
Median for plans this size$3,635
2024$12,414 per active participant
2023$18,258 per active participant
2022$12,486 per active participant

E. E. Reed Co., LTD's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$14,180
ADVISED ASSETS GROUP, LLC · Investment management$1,829
SIGMA FINANCIAL CORPORATIONindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left E. E. Reed Co., LTD before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,730 · 0.01%
2023$10,806 · 0.01%
2022$10,277 · 0.01%
Same employer
Similar plansConstruction · Texas
Orion TX$95.8M · 0.17%
Brock Enterprises, LLC TX$88.0M · 0.30%
Mammoet USA South, Inc TX$82.0M · 0.40%
Southland Holdings, LLC TX$80.6M · 0.28%
Chesmar Group, Inc. TX$78.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741899182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.