Plan Ledger DOL Form 5500 · updated monthly

Reece Albert, Inc.401(k)

REECE ALBERT, INC. 401(K) SAVINGS PLAN · SAN ANGELO, TX · plan year 2024

Reported admin expense ratio · 2024
0.45%

Reece Albert, Inc. reported $107,729 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. 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 0.52% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,731st-largest of 5,688 plans among Texas employers on file, and the 1,733rd of 5,337 in construction.

Plan summary
Net assets, end of year$25,119,763
Participants with balances467
Active participants364
Employer contributions—
Employee contributions$1,593,004
Employer contribution per active participant—
Average account balance$53,790
Benefits paid to participants$1,688,899
AuditorARMSTRONG BACKUS & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 467 accts
2023$22.2M · 462 accts
2022$20.1M · 438 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,826
Trustee / custodial$15,903
Total administrative$107,729
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
MILLIMAN, INC. · Recordkeeping · Pension consulting$91,826
MATRIX TRUST COMPANY · Trustee$15,902

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$107,729 · 0.45%
2023$111,297 · 0.53%
2022$115,075 · 0.52%
Same employer
Similar plansConstruction · Texas
Airco Mechanical, LTD. TX$27.8M · 0.14%
Venture Mechanical, Inc. TX$24.7M · 0.39%
Big State Electric, LTD. TX$24.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751285072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.