Plan Ledger DOL Form 5500 · updated monthly

R.A.D. Corporation401(k)

R.A.D. CORPORATION 401(K) PLAN · ROCKLAND, MA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

R.A.D. Corporation reported $3,025 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,700 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,283rd of 2,726), and 3,923rd of 5,337 in construction. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,303,633
Participants with balances65
Active participants117
Employer contributions$198,859
Employee contributions$401,168
Employer contribution per active participant$1,700
Average account balance$81,594
Benefits paid to participants$93,439
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$3,025
Total administrative$3,025
The R.A.D. Corporation 401(k) match · 2022
Employer contribution per active participant$1,700
Median for plans this size$1,114

R.A.D. Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,025 · 0.05%
Similar plansConstruction · Massachusetts
Sea-Dar Enterprises, Inc. MA$6.5M · 0.77%
Homeworks Energy Inc MA$6.4M · 0.07%
K5 Corporation MA$3.4M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043241815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.