Plan Ledger DOL Form 5500 · updated monthly

Jerome H. Rhoads, Inc.401(k)

JEROME H. RHOADS, INC. 401(K) PROFIT SHARING PLAN · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Jerome H. Rhoads, Inc. reported $9,581 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $617 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 1 year on file its reported administrative ratio fell from 0.14% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,585th of 3,651), and 3,294th of 4,246 in wholesale trade. In 2024, employees put in $5.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,493,122
Participants with balances190
Active participants168
Employer contributions$103,658
Employee contributions$558,812
Employer contribution per active participant$617
Average account balance$39,437
Benefits paid to participants$966,640
Plan auditUnmodified (clean) audit opinion
AuditorSIMON LEVER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 190 accts · $104K emplr
2023$7.0M · 184 accts · $108K emplr
2022$5.9M · 171 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,581
Total administrative$9,581
The Jerome H. Rhoads, Inc. 401(k) match · 2024
Employer contribution per active participant$617
Median for plans this size$1,313
2024$617 per active participant
2023$661 per active participant
2022$674 per active participant

Jerome H. Rhoads, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MASSACHUSETTS MUTUAL LIFE INS COMP · Investment advisory (plan)$18,071
BLUE RIDGE ESOP ASSOCIATES · Contract administrator$7,466

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$9,581 · 0.13%
2023$9,196 · 0.14%
2022Not separately reported
All plans at this employer2
JEROME H. RHOADS, INC. 401(K) PROFIT SHARING PLAN401(k)
JEROME H. RHOADS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Pennsylvania
Baudax Bio, Inc. PA$8.1M · 0.18%
Capp Management LLC PA$7.1M · 0.53%
Martin Oil Company PA$6.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231521282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.