401(k) · DOL Form 5500 · 2024

Reece Inc. 401(k) Plan

Data updated 2026-08-06

$182M
Total assets
3,151
Participants
94th
Percentile by assets
$57,638
Avg per participant
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Official DOL plan name: Reece USA 401(k) Plan · Sponsored by Reece Inc. · Texas · Wholesale Trade

$182M in assets, 3,151 participants

Reece Inc.'s Reece USA 401(k) Plan reported $182M in total assets and 3,151 participants in its 2024 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 116,472 plans)
  • #5,484 in Wholesale Trade (5,756 peers)

Coverage in Texas

Reece USA 401(k) Plan covers 3,151 participants in Texas, 4.5x the typical Texas plan (state average ~704 per filing). Assets: $182M.

$182M
total plan assets (2024 EOY)
3,151
covered participants
94th
percentile by assets (of 116,472 plans)
$57,638
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Reece USA 401(k) Plan reported net income fell from $33M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Reece USA 401(k) Plan end-of-year assets rose from $154M in the plan year 2023 filing to $182M in the plan year 2024 filing.
  • Reece USA 401(k) Plan reported participants fell from 3,635 in the plan year 2023 filing to 3,151 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Reece USA 401(k) Plan reports 3,151 participants - 4.5x that state average ($182M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$182M
Net Income$27M
Employer EIN752588495
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reece Inc.)

$100M$120M$140M$160M$180M$200M 202220232024 $121M $182M ▲ +49.9%
Total plan assets by year, all Reece Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,297 $121M
2023 1 3,635 $154M
2024 1 3,151 $182M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Reece USA 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Reece USA 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Reece USA 401(k) PlanAT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
Reece USA 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Reece USA 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Reece USA 401(k) Plan assets move in 2024?
Reece USA 401(k) Plan grew sharply - up 17.6% during 2024, from $154M to $182M. Reported net income was $27M.
How have Reece Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Reece Inc.'s sponsor-wide assets grew 49.9%, from $121M to $182M.
Where does Reece USA 401(k) Plan rank by assets among Form 5500 filers?
Reece USA 401(k) Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Reece USA 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Weather Group LLC 401(k) Savings Plan in GA ($182M, 862 participants).

Filing takeaways

Ways to act on Reece USA 401(k) Plan's numbers.