Plan Ledger DOL Form 5500 · updated monthly

Reddy Ice LLC401(k)

REDDY ICE LLC 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Reddy Ice LLC reported $239,772 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,026 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 fell from 0.61% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,115th-largest of 5,688 plans among Texas employers on file, and the 3,319th of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,571,941
Participants with balances2,181
Active participants1,523
Employer contributions$1,563,235
Employee contributions$5,048,084
Employer contribution per active participant$1,026
Average account balance$21,353
Benefits paid to participants$4,827,046
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 2,181 accts · $1.6M emplr
2023$39.0M · 1,968 accts · $1.5M emplr
2022$33.5M · 1,935 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$239,772
Total administrative$239,772
The Reddy Ice LLC 401(k) match · 2024
Employer contribution per active participant$1,026
Median for plans this size$2,416
2024$1,026 per active participant
2023$757 per active participant
2022$977 per active participant

Reddy Ice LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$239,772
ALLIANT INSURANCE SERVICES, INC. · Investment advisory (plan)indirect comp
WHITLEY PENN LLP · Accounting / auditindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$239,772 · 0.56%
2023$220,735 · 0.61%
2022$216,821 · 0.61%
Same employer
Similar plansManufacturing · Texas
Sachem, Inc. TX$48.0M · 0.13%
Mission Pharmacal Company TX$47.4M · 0.05%
Cfan Company TX$46.5M · 0.18%
Novaria Holdings TX$46.1M · 0.27%
Igloo Products Corp. TX$45.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752244985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.