Plan Ledger DOL Form 5500 · updated monthly

Republic Plumbing Supply Co., Inc.401(k)

REPUBLIC PLUMBING SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN · NORWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Republic Plumbing Supply Co., Inc. reported $37,566 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,928 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 0.195%. 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 1,294th-largest of 2,726 plans among Massachusetts employers on file, and the 1,871st of 4,246 in wholesale trade. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,288,633
Participants with balances125
Active participants116
Employer contributions$339,688
Employee contributions$391,006
Employer contribution per active participant$2,928
Average account balance$162,309
Benefits paid to participants$1,497,993
Plan auditUnmodified (clean) audit opinion
AuditorBRITT & COMPANY CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 125 accts · $340K emplr
2023$18.3M · 137 accts · $101K emplr
2022$17.2M · 132 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,600
Investment management$17,966
Total administrative$37,566
The Republic Plumbing Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,928
Median for plans this size$2,416
2024$2,928 per active participant
2023$794 per active participant
2022$2,820 per active participant

Republic Plumbing Supply Co., Inc.'s 2024 employer contribution ran above 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$19,600
LPL FINANCIAL, LLC · Investment advisory (plan)$17,966

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$37,566 · 0.19%
2023$33,691 · 0.19%
2022$34,812 · 0.19%
Similar plansWholesale Trade · Massachusetts
Yusen Associates, Inc. MA$22.8M · 0.44%
Dennis K. Burke, Inc. MA$21.5M · 0.40%
D.B. Roberts, Inc. MA$20.7M · 0.20%
Pure Encapsulations, Inc. MA$19.8M · 0.38%
Nouria Energy Corporation MA$19.3M · 0.45%
Ruby Wines, Inc. MA$19.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042609704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.