Plan Ledger DOL Form 5500 · updated monthly

R & F Metals, Inc.401(k)

R & F METALS, INC 401(K) PLAN · CLINTON, MD · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

R & F Metals, Inc. reported $45,511 in plan administrative expenses for 2022: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,603 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,015th of 1,671), and 3,163rd of 5,337 in construction. In 2022, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,517,907
Participants with balances70
Active participants109
Employer contributions$174,730
Employee contributions$395,798
Employer contribution per active participant$1,603
Average account balance$135,970
Benefits paid to participants$163,291
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,605
Professional / advisory$11,600
Total administrative$45,511
The R & F Metals, Inc. 401(k) match · 2022
Employer contribution per active participant$1,603
Median for plans this size$2,266

R & F Metals, Inc.'s 2022 employer contribution ran below the $2,266 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$45,511 · 0.44%
Same employer
Similar plansConstruction · Maryland
R. W. Warner, Inc. MD$10.1M · 0.95%
Scaffold Resource, LLC MD$9.5M · 0.63%
Hirsch Electric, LLC. MD$8.8M · 0.55%
Nlp Enterprises Inc. MD$8.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521091938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.