Plan Ledger DOL Form 5500 · updated monthly

Rex Three, Inc.401(k)

REX THREE, INC. 401(K) PLAN · DAVIE, FL · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Rex Three, Inc. reported $51,013 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $294 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (1,878th of 3,644), and 9,157th of 13,661 in manufacturing. In 2023, employees put in $8.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,173,009
Participants with balances175
Active participants205
Employer contributions$60,302
Employee contributions$511,457
Employer contribution per active participant$294
Average account balance$52,417
Benefits paid to participants$1,007,985
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA ALVAREZ CPA
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,014
Audit (IQPA)$7,999
Total administrative$51,013
The Rex Three, Inc. 401(k) match · 2023
Employer contribution per active participant$294
Median for plans this size$1,308

Rex Three, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,013
VERDEJA, DE ARMAS, TRUJI · Accounting / audit$8,000
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history1
2023$51,013 · 0.58%
Same employer
Similar plansManufacturing · Florida
Beam Associates, LLC FL$9.4M · 0.41%
Microflex, Inc. FL$9.3M · 0.07%
Badia Spices, Inc. FL$9.2M · 0.33%
Saminco, Inc. FL$9.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590859951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.