Plan Ledger DOL Form 5500 · updated monthly

Repco-Lite Paints, Inc.401(k)

REPCO-LITE PAINTS, INC. PROFIT SHARING 401(K) PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Repco-Lite Paints, Inc. reported $25,475 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $941 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,234th of 2,619), and 4,309th of 5,215 in retail trade. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,130,021
Participants with balances125
Active participants106
Employer contributions$99,783
Employee contributions$195,080
Employer contribution per active participant$941
Average account balance$25,040
Benefits paid to participants$322,198
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,260
Investment management$9,215
Total administrative$25,475
The Repco-Lite Paints, Inc. 401(k) match · 2024
Employer contribution per active participant$941
Median for plans this size$1,313

Repco-Lite Paints, Inc.'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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$7,723
BURNHAM & DELLS ADVISORS · Investment advisory (plan)$1,464
WEST MICHIGAN ADVISORS · Investment advisory (plan)$29
RAYMOND JAMES & ASSOCIATES INCindirect comp

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

Administrative cost history1
2024$25,475 · 0.86%
Similar plansRetail Trade · Michigan
Quality Dairy Co. MI$3.6M · 0.25%
Don Seelye Ford, Inc. MI$3.4M · 0.28%
G-M Companies, Inc. MI$3.3M · 0.16%
Holiday Food Center, Inc. MI$3.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381653198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.