Plan Ledger DOL Form 5500 · updated monthly

Rex-Hide Industries, Inc.401(k)

REX-HIDE INDUSTRIES, INC. PROFIT SHARING PLAN · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Rex-Hide Industries, Inc. reported $10,284 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,378 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 0.03% to 0.02%. 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 1,028th-largest of 5,688 plans among Texas employers on file, and the 3,075th of 13,661 in manufacturing. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,728,483
Participants with balances251
Active participants226
Employer contributions$1,441,413
Employee contributions$1,013,363
Employer contribution per active participant$6,378
Average account balance$206,090
Benefits paid to participants$4,442,231
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$51.7M · 251 accts · $1.4M emplr
2023$48.1M · 242 accts · $408K emplr
2022$43.3M · 235 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,284
Total administrative$10,284
The Rex-Hide Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$6,378
Median for plans this size$2,416
2024$6,378 per active participant
2023$1,745 per active participant
2022$8,971 per active participant

Rex-Hide Industries, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,283
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$10,284 · 0.02%
2023$8,777 · 0.02%
2022$13,826 · 0.03%
Same employer
Similar plansManufacturing · Texas
Rigaku Americas Corporation TX$53.3M · 0.02%
Sekisui America Corporation TX$53.2M · 0.25%
Total Safety U.S., Inc. TX$53.0M · 0.39%
Hitachi Zosen USA, LTD. TX$50.8M · 0.24%
Alamo Cement Company TX$50.7M · 0.19%
Mueller Inc TX$50.0M · 0.23%
Fagron Holding USA LLC TX$49.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751786640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.