Plan Ledger DOL Form 5500 · updated monthly

R & R, Inc.401(k)

R&R, INC. EMPLOYEES 401(K) PROFIT SHARING PLAN · YOUNGSTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

R & R, Inc. reported $139,400 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,109 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 0.54% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 943rd-largest of 3,295 plans among Ohio employers on file, and the 989th of 5,215 in retail trade. In 2024, the employer put in $2.44 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,418,273
Participants with balances103
Active participants87
Employer contributions$1,053,453
Employee contributions$432,391
Employer contribution per active participant$12,109
Average account balance$305,032
Benefits paid to participants$1,717,339
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 103 accts · $1.1M emplr
2023$28.1M · 108 accts · $1.1M emplr
2022$21.6M · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,400
Total administrative$139,400
The R & R, Inc. 401(k) match · 2024
Employer contribution per active participant$12,109
Median for plans this size$2,416
2024$12,109 per active participant
2023$12,577 per active participant
2022$13,904 per active participant

R & R, Inc.'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.

Service providers · 20242
JOHN HANCOCK RETIREMENT PLANSERVICS · Recordkeeping · Loan processing$135,455

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$139,400 · 0.47%
2023$106,385 · 0.43%
2022$108,934 · 0.54%
Similar plansRetail Trade · Ohio
St Henry Tile Co., Inc OH$34.3M · 0.12%
Ferno-Washington, Inc. OH$33.1M · 0.09%
Brunswick Auto Mart, Inc. OH$32.8M · 0.08%
Tire Discounters, Inc. OH$32.6M · 0.90%
Leppo, Inc. OH$30.2M · 0.27%
True North Management, LLC OH$30.1M · 0.40%
McPc Holdings, Inc. OH$29.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340948773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.