Plan Ledger DOL Form 5500 · updated monthly

Reddi Industries, Inc.401(k)

REDDI INDUSTRIES, INC. 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Reddi Industries, Inc. reported $28,379 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,304 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 0.06% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kansas (601st of 828), and 3,689th of 5,337 in construction. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 156 to 187 since 2022.

Plan summary
Net assets, end of year$6,405,470
Participants with balances110
Active participants187
Employer contributions$243,760
Employee contributions$463,490
Employer contribution per active participant$1,304
Average account balance$58,232
Benefits paid to participants$806,578
Plan auditUnmodified (clean) audit opinion
AuditorREGIER CARR & MONROE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 110 accts · $244K emplr
2023$5.7M · 107 accts · $201K emplr
2022$5.2M · 102 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,379
Total administrative$28,379
The Reddi Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,304
Median for plans this size$1,313
2024$1,304 per active participant
2023$1,082 per active participant
2022$1,192 per active participant

Reddi Industries, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Loan processing · Participant communication$2,818
MARINER PLATFORM SOLUTION · Consultingindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,379 · 0.47%
2023$4,359 · 0.08%
2022$3,624 · 0.06%
Same employer
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P1 Service, LLC KS$7.9M · 0.31%
Higgins Group, Inc. KS$7.8M · 0.52%
Dm Gary Holding Company KS$7.6M · 0.04%
Barrier Technologies, LLC KS$5.8M · 0.22%
Beran Concrete, Inc. KS$5.3M · 1.19%
Cutler Repaving Inc KS$4.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481185484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.