Plan Ledger DOL Form 5500 · updated monthly

Rex Lumber, LLC401(k)

REX LUMBER 401(K) AND P/S PLAN · GRACEVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Rex Lumber, LLC reported $116,637 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,613 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 0.84% to 0.76%. 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 1,273rd-largest of 3,644 plans among Florida employers on file, and the 6,628th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,723,673
Participants with balances650
Active participants627
Employer contributions$1,011,063
Employee contributions$1,883,828
Employer contribution per active participant$1,613
Average account balance$25,729
Benefits paid to participants$2,012,913
Plan auditDisclaimer of opinion
AuditorLANIGAN & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 650 accts · $1.0M emplr
2023$14.1M · 642 accts · $726K emplr
2022$10.9M · 577 accts · $540K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,209
Trustee / custodial$88,428
Total administrative$116,637
The Rex Lumber, LLC 401(k) match · 2024
Employer contribution per active participant$1,613
Median for plans this size$2,416
2024$1,613 per active participant
2023$1,179 per active participant
2022$906 per active participant

Rex Lumber, LLC's 2024 employer contribution ran below 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 · 20244
PENTEGRA RETIREMENT SERVICES · Contract administrator$20,527
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$16,500
LANNIGAN& ASSOCIATES PC · Accounting / audit$11,576

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$116,637 · 0.76%
2023$112,833 · 0.90%
2022$97,120 · 0.84%
Same employer
Similar plansManufacturing · Florida
Avidyne Corporation FL$17.2M · 0.04%
Mwi Corporation FL$17.0M · 0.39%
Tervis Tumbler Company FL$16.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611870518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.