Plan Ledger DOL Form 5500 · updated monthly

First Rf Corporation401(k)

FIRST RF CORPORATION 401(K) PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

First Rf Corporation reported $2,288 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,297 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 rose from 0.009% to 0.009%. 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 401st-largest of 1,461 plans among Colorado employers on file, and the 4,860th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 117 to 136 since 2022.

Plan summary
Net assets, end of year$27,045,854
Participants with balances162
Active participants136
Employer contributions$856,354
Employee contributions$1,462,983
Employer contribution per active participant$6,297
Average account balance$166,950
Benefits paid to participants$1,885,815
Plan auditUnmodified (clean) audit opinion
AuditorMARTILLARO RAUB AND ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 162 accts · $856K emplr
2023$23.0M · 149 accts · $788K emplr
2022$18.1M · 145 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,288
Total administrative$2,288
The First Rf Corporation 401(k) match · 2024
Employer contribution per active participant$6,297
Median for plans this size$2,416
2024$6,297 per active participant
2023$6,514 per active participant
2022$4,211 per active participant

First Rf Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$2,288 · 0.01%
2023$2,165 · 0.01%
2022$1,666 · 0.01%
Similar plansManufacturing · Colorado
Aurora Organic Dairy Corp. CO$29.6M · 0.24%
Epilog Corporation CO$28.4M · 0.12%
Boulder Scientific Company CO$28.2M · 0.32%
Circle Graphics Inc. CO$25.7M · 0.89%
Dpix, LLC CO$25.7M · 0.25%
Wright & McGill Company CO$24.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651165101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.