Plan Ledger DOL Form 5500 · updated monthly

Retractable Technologies, Inc401(k)

RETRACTABLE TECHNOLOGIES, INC. 401K PLAN · LITTLE ELM, TX · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Retractable Technologies, Inc reported $24,797 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,325 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 0.35% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,248th of 5,688), and 9,318th of 13,661 in manufacturing. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has shrunk from 191 to 170 since 2022.

Plan summary
Net assets, end of year$8,810,270
Participants with balances213
Active participants170
Employer contributions$225,266
Employee contributions$711,888
Employer contribution per active participant$1,325
Average account balance$41,363
Benefits paid to participants$797,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 213 accts · $225K emplr
2023$7.9M · 198 accts · $260K emplr
2022$6.4M · 241 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,797
Total administrative$24,797
The Retractable Technologies, Inc 401(k) match · 2024
Employer contribution per active participant$1,325
Median for plans this size$1,313
2024$1,325 per active participant
2023$1,832 per active participant
2022$1,145 per active participant

Retractable Technologies, Inc's 2024 employer contribution ran above 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 · 20243
EDWARD JONES · Recordkeeping · Trustee$19,909
ADP, INC. · Loan processing · Recordkeeping$4,886
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,797 · 0.30%
2023$23,725 · 0.33%
2022$24,165 · 0.35%
Similar plansManufacturing · Texas
Swiss-American Cdmo, LLC TX$8.7M · 0.76%
Hunter Buildings, LLC TX$8.6M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752599762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.