Plan Ledger DOL Form 5500 · updated monthly

The Republic of Tea, Inc.401(k)

THE REPUBLIC OF TEA, INC./RUBIN WINES LLC 401(K) PLAN · NASHVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Republic of Tea, Inc. reported $17,276 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,845 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 3 years on file its reported administrative ratio has held roughly steady near 0.10%. 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 1,805th-largest of 3,702 plans among Illinois employers on file, and the 6,361st of 13,661 in manufacturing. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,922,711
Participants with balances175
Active participants142
Employer contributions$546,000
Employee contributions$641,562
Employer contribution per active participant$3,845
Average account balance$102,415
Benefits paid to participants$947,959
Plan auditUnmodified (clean) audit opinion
AuditorHOLT AND PATTERSON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 175 accts · $546K emplr
2023$15.3M · 165 accts · $541K emplr
2022$14.5M · 161 accts · $546K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,934
Trustee / custodial$8,342
Total administrative$17,276
The The Republic of Tea, Inc. 401(k) match · 2024
Employer contribution per active participant$3,845
Median for plans this size$2,416
2024$3,845 per active participant
2023$3,783 per active participant
2022$3,689 per active participant

The Republic of Tea, Inc.'s 2024 employer contribution ran above 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 · 20242
NEWPORT GROUP, INC. · Plan administrator · Recordkeeping$8,934
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$8,342

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$17,276 · 0.10%
2023$16,673 · 0.11%
2022$16,392 · 0.11%
Same employer
Similar plansManufacturing · Illinois
The Partner Companies LLC IL$18.1M · 0.71%
Potomac Corporation IL$18.0M · 0.31%
Banner Service Corporation IL$17.4M · 0.42%
Lake Cable, LLC IL$17.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680324440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.