Plan Ledger DOL Form 5500 · updated monthly

Rexair LLC401(k)

REXAIR LLC RETIREMENT SAVINGS & INVESTMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Rexair LLC reported $49,105 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,885 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 0.15% to 0.13%. 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 634th-largest of 2,619 plans among Michigan employers on file, and the 3,757th of 13,661 in manufacturing. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has shrunk from 223 to 198 since 2022.

Plan summary
Net assets, end of year$38,967,216
Participants with balances247
Active participants198
Employer contributions$373,219
Employee contributions$1,377,002
Employer contribution per active participant$1,885
Average account balance$157,762
Benefits paid to participants$5,071,079
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.0M · 247 accts · $373K emplr
2023$38.2M · 277 accts · $420K emplr
2022$37.8M · 277 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,870
Audit (IQPA)$13,235
Total administrative$49,105
The Rexair LLC 401(k) match · 2024
Employer contribution per active participant$1,885
Median for plans this size$2,416
2024$1,885 per active participant
2023$1,891 per active participant
2022$8,913 per active participant

Rexair 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$35,870
PLANTE & MORAN, PLLC · Accounting / audit$13,235
CHARLES SCHWAB & CO., INC. · Securities brokerage$65
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$49,105 · 0.13%
2023$51,194 · 0.13%
2022$60,795 · 0.15%
Similar plansManufacturing · Michigan
Mac Valves, Inc. MI$39.5M · 0.30%
Progressive Surface, Inc. MI$39.5M · 0.10%
Inductoheat, Inc. MI$39.4M · 0.26%
Eckhart & Assoc., Inc. MI$39.1M · 0.45%
Kenwal Steel Corporation MI$38.9M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830442194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.