Plan Ledger DOL Form 5500 · updated monthly

Refresco Beverages US Inc.401(k)

THE REFRESCO USA 401(K)SAVINGS & RETIREMENT PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Refresco Beverages US Inc. reported $545,277 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,592 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 0.49% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 171st-largest of 3,644 plans among Florida employers on file, and the 1,098th of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,815,890
Participants with balances5,406
Active participants4,590
Employer contributions$7,305,957
Employee contributions$16,213,994
Employer contribution per active participant$1,592
Average account balance$40,107
Benefits paid to participants$45,528,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$216.8M · 5,406 accts · $7.3M emplr
2023$207.7M · 5,868 accts · $5.7M emplr
2022$177.5M · 5,304 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$545,277
Total administrative$545,277
The Refresco Beverages US Inc. 401(k) match · 2024
Employer contribution per active participant$1,592
Median for plans this size$3,635
2024$1,592 per active participant
2023$1,204 per active participant
2022$1,113 per active participant

Refresco Beverages US Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$277,546
SAGEVIEW ADVISORY GROUP · Investment advisory (participants) · Investment advisory (plan)$106,181
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,276

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$545,277 · 0.26%
2023$851,918 · 0.44%
2022$900,833 · 0.49%
Same employer
Similar plansManufacturing · Florida
Bacardi U.S.A., Inc. FL$290.0M · 0.34%
Swbg, LLC FL$269.4M · 0.18%
Signode Industrial Group LLC FL$263.1M · 0.10%
Welbilt, Inc. FL$213.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581947565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.