Plan Ledger DOL Form 5500 · updated monthly

Revere Plastics Systems, LLC401(k)

REVERE PLASTICS SYSTEMS, LLC 401(K) PLAN · CLYDE, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Revere Plastics Systems, LLC reported $84,015 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $972 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 rose from 0.05% to 0.36%. 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 1,125th-largest of 3,295 plans among Ohio employers on file, and the 5,143rd of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 524 to 650 since 2022.

Plan summary
Net assets, end of year$24,906,150
Participants with balances433
Active participants650
Employer contributions$632,082
Employee contributions$1,143,192
Employer contribution per active participant$972
Average account balance$57,520
Benefits paid to participants$2,454,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 433 accts · $632K emplr
2023$22.1M · 359 accts · $641K emplr
2022$16.7M · 523 accts · $553K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,196
Investment management$28,819
Total administrative$84,015
The Revere Plastics Systems, LLC 401(k) match · 2024
Employer contribution per active participant$972
Median for plans this size$2,416
2024$972 per active participant
2023$1,330 per active participant
2022$1,056 per active participant

Revere Plastics Systems, LLC'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 · 20241

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$84,015 · 0.36%
2023$162,851 · 0.84%
2022$9,297 · 0.05%
Same employer
Similar plansManufacturing · Ohio
Haas Door Company OH$25.1M · 0.49%
Dlhbowles, Inc. OH$25.0M · 0.22%
Instantwhip Foods, Inc. OH$24.9M · 0.02%
The Horsburgh & Scott Co. OH$24.8M · 0.19%
Park Corporation OH$24.6M · 0.32%
Ultium Cells, LLC OH$24.4M · 0.40%
Wiley Companies OH$24.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203851963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.