Plan Ledger DOL Form 5500 · updated monthly

Revere Electric Supply Co.401(k)

REVERE ELECTRIC SUPPLY CO. INCENTIVE SAVINGS PLAN · MOKENA, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Revere Electric Supply Co. reported $67,948 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,168 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 0.31% to 0.14%. 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 902nd-largest of 3,702 plans among Illinois employers on file, and the 812th of 4,246 in wholesale trade. In 2024, employees put in $6.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,865,048
Participants with balances466
Active participants383
Employer contributions$447,517
Employee contributions$3,035,656
Employer contribution per active participant$1,168
Average account balance$109,152
Benefits paid to participants$3,011,509
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 466 accts · $448K emplr
2023$44.5M · 468 accts · $281K emplr
2022$38.5M · 460 accts · $277K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,587
Total administrative$67,948
The Revere Electric Supply Co. 401(k) match · 2024
Employer contribution per active participant$1,168
Median for plans this size$2,416
2024$1,168 per active participant
2023$714 per active participant
2022$740 per active participant

Revere Electric Supply Co.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$67,587
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$67,948 · 0.14%
2023$66,999 · 0.16%
2022$129,432 · 0.31%
Same employer
Similar plansWholesale Trade · Illinois
Optimas Oe Solutions, LLC IL$52.4M · 0.20%
Steiner Electric Company IL$51.8M · 0.08%
Enesco, LLC IL$51.3M · 0.29%
Enpro Incorporated IL$51.1M · 0.04%
Wirtz Corporation IL$49.9M · 0.15%
Roland Machinery Company IL$46.3M · 0.21%
Group O, Inc. IL$45.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361680965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.