Plan Ledger DOL Form 5500 · updated monthly

Republic Plastics, LTD401(k)

REPUBLIC PLASTICS 401(K) PLAN · MCQUEENEY, TX · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Republic Plastics, LTD reported $137,133 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,774 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 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,854th-largest of 5,688 plans among Texas employers on file, and the 5,444th of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,838,625
Participants with balances669
Active participants472
Employer contributions$837,097
Employee contributions$2,016,093
Employer contribution per active participant$1,774
Average account balance$34,138
Benefits paid to participants$2,015,427
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 669 accts · $837K emplr
2023$19.7M · 531 accts · $778K emplr
2022$15.6M · 522 accts · $671K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,292
Investment management$61,841
Total administrative$137,133
The Republic Plastics, LTD 401(k) match · 2024
Employer contribution per active participant$1,774
Median for plans this size$2,416
2024$1,774 per active participant
2023$1,797 per active participant
2022$1,549 per active participant

Republic Plastics, LTD's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,292
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$51,751
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,089

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$137,133 · 0.64%
2023$110,396 · 0.63%
2022$100,540 · 0.62%
Same employer
Similar plansManufacturing · Texas
Thomas Reprographics, Inc. TX$23.2M · 0.29%
Thomas Instrument, Inc. TX$23.1M · 0.41%
Keg 1 O'Neal LLC TX$23.0M · 0.08%
Anchor Partners, LLC TX$22.8M · 0.56%
Pci Industries LLC TX$22.6M · 0.34%
Fmg, Inc. TX$22.5M · 0.31%
H.J. Baker and Bro., LLC TX$22.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742861781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.