Plan Ledger DOL Form 5500 · updated monthly

R&M Freight Inc.401(k)

R&M FREIGHT, INC. 401(K) PLAN · BENSENVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

R&M Freight Inc. reported $794 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.05% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,891st of 3,702), and 1,570th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$5,494,008
Participants with balances129
Active participants391
Employer contributions$0
Employee contributions$551,216
Employer contribution per active participant$0
Average account balance$42,589
Benefits paid to participants$129,395
Plan auditUnmodified (clean) audit opinion
AuditorDUGAN & LOPATKA CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 129 accts
2023$4.5M · 122 accts
2022$3.5M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$794
Total administrative$794
The R&M Freight Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

R&M Freight 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$794

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$794 · 0.02%
2023$2,519 · 0.06%
2022$1,707 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Illinois
Molo Solutions, LLC IL$5.9M · 0.24%
Buske Lines, Inc IL$5.6M · 0.80%
The Innovation Group IL$5.4M · 0.04%
G P Transportation Co. IL$5.3M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810592101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.