Plan Ledger DOL Form 5500 · updated monthly

Reece Supply Company, Inc.401(k)

REECE SUPPLY COMPANY PROFIT SHARING PLAN AND TRUST · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Reece Supply Company, Inc. reported $73,708 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,058 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,564th-largest of 5,688 plans among Texas employers on file, and 2,486th of 4,246 in wholesale trade. In 2024, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,826,272
Participants with balances274
Active participants189
Employer contributions$200,010
Employee contributions$724,245
Employer contribution per active participant$1,058
Average account balance$50,461
Benefits paid to participants$822,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 274 accts · $200K emplr
2023$12.1M · 268 accts · $303K emplr
2022$10.1M · 245 accts · $376K emplr
Administrative expenses, itemized · 2024
Investment management$64,675
Trustee / custodial$6,597
Total administrative$73,708
The Reece Supply Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,058
Median for plans this size$2,416
2024$1,058 per active participant
2023$1,982 per active participant
2022$2,041 per active participant

Reece Supply Company, Inc.'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
BOK FINANCIAL ASSET MANAGEMENT, INC · Recordkeeping · Investment management$58,126
BELPOINTE ASSET MANAGEMENT, LLC · Securities brokerage$6,597
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$6,550
CHARLES SCHWAB & CO., INC. · Securities brokerage$25

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

Recordkeeper by year2
2024BOK FINANCIAL ASSET MANAGEMENT, INC
2023BOK FINANCIAL ASSET MANAGEMENT, INC

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Administrative cost history3
2024$73,708 · 0.57%
2023$64,381 · 0.58%
2022$60,085 · 0.56%
Same employer
Similar plansWholesale Trade · Texas
Shoplc Global, Inc. TX$14.3M · 0.29%
Tramontina USA, Inc. TX$14.2M · 0.41%
Refinery Specialties Inc. TX$13.4M · 0.03%
Varidesk, LLC TX$13.3M · 0.62%
Steve Silver Company TX$13.3M · 0.48%
Ecmm Services, Inc. TX$12.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750783034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.