Plan Ledger DOL Form 5500 · updated monthly

Regional Industries, LLC401(k)

REGIONAL INDUSTRIES 401(K) PLAN · ELIZABETH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Regional Industries, LLC reported $2,823 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,200 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 0.04% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,764th of 2,419), and the 1,262nd of 2,534 in administrative & support services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,630,535
Participants with balances130
Active participants258
Employer contributions$309,624
Employee contributions$480,226
Employer contribution per active participant$1,200
Average account balance$51,004
Benefits paid to participants$676,964
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 130 accts · $310K emplr
2023$5.9M · 130 accts · $248K emplr
2022$4.6M · 128 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,823
Total administrative$2,823
The Regional Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,200
Median for plans this size$1,313
2024$1,200 per active participant
2023$947 per active participant
2022$1,047 per active participant

Regional Industries, LLC'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 · 20241

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$2,823 · 0.05%
2023$2,088 · 0.04%
2022$1,943 · 0.04%
Same employer
Similar plansAdministrative & Support Services · New Jersey
Terracycle, Inc. NJ$7.9M · 0.59%
United Security, Inc. NJ$6.7M · 1.18%
Coordinated Family Care NJ$6.3M · 0.73%
Solix, Inc. NJ$6.0M · 0.05%
Mrs Bpo, LLC NJ$5.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223558711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.