Plan Ledger DOL Form 5500 · updated monthly

Rpm Xconstruction LLC401(k)

RPM XCONSTRUCTION, LLC 401(K) PLAN · MCKINNEY, TX · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Rpm Xconstruction LLC reported $114,577 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $791 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 1.64% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (2,928th of 5,688), and 2,956th of 5,337 in construction. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 628 to 781 since 2022.

Plan summary
Net assets, end of year$10,963,616
Participants with balances315
Active participants781
Employer contributions$617,522
Employee contributions$1,554,144
Employer contribution per active participant$791
Average account balance$34,805
Benefits paid to participants$1,081,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 315 accts · $618K emplr
2023$8.4M · 280 accts · $506K emplr
2022$6.0M · 275 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,577
Total administrative$114,577
The Rpm Xconstruction LLC 401(k) match · 2024
Employer contribution per active participant$791
Median for plans this size$1,313
2024$791 per active participant
2023$737 per active participant
2022$833 per active participant

Rpm Xconstruction LLC's 2024 employer contribution ran below the $1,313 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,971
ASCENSUS · Contract administrator · Other services$31,610
KESTRA INVESTMENT SERVICES · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
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$114,577 · 1.19%
2023$125,033 · 1.74%
2022$95,951 · 1.64%
Same employer
Similar plansConstruction · Texas
Impact Floors of Texas, LLC TX$11.5M · 0.74%
Whoa & Co., Inc TX$11.1M · 0.45%
Thos. S. Byrne, Inc. TX$10.9M · 0.39%
Seatrium Amfels, Inc. TX$10.9M · 0.74%
Pinnergy, LTD. TX$10.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271953191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.