Plan Ledger DOL Form 5500 · updated monthly

The Randolph Company401(k)

THE RANDOLPH CO. 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The Randolph Company reported $150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $741 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 0.003% to 0.001%. 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 among the smaller plans on file in Texas (2,885th of 5,688), and 8,238th of 13,661 in manufacturing. In 2024, employees put in $5.65 for every $1.00 the employer contributed; active participation has shrunk from 144 to 114 since 2022.

Plan summary
Net assets, end of year$11,340,675
Participants with balances137
Active participants114
Employer contributions$84,524
Employee contributions$477,187
Employer contribution per active participant$741
Average account balance$82,779
Benefits paid to participants$1,077,499
Plan auditUnmodified (clean) audit opinion
AuditorABIP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 137 accts · $85K emplr
2023$10.3M · 141 accts · $90K emplr
2022$9.2M · 145 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Total administrative$150
The The Randolph Company 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$2,416
2024$741 per active participant
2023$620 per active participant
2022$617 per active participant

The Randolph Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY SMITH BARNEYindirect 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$150 · 0.00%
2023$200 · 0.00%
2022$291 · 0.00%
Similar plansManufacturing · Texas
McKinley Packaging, Inc. TX$11.6M · 0.58%
Delta Centrifugal, LLC TX$11.6M · 0.45%
Samson Controls, Inc. TX$11.5M · 0.26%
Active Power, Inc. TX$11.3M · 0.53%
Foxconn Ev System LLC TX$11.3M · 0.27%
Merichem Technologies, LLC TX$11.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741217162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.