Plan Ledger DOL Form 5500 · updated monthly

R. H. Foster Energy, LLC401(k)

R. H. FOSTER ENERGY, LLC RETIREMENT PLAN · HAMPDEN, ME · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

R. H. Foster Energy, LLC reported $98,682 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $679 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 rose from 0.63% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Maine (184th of 354), and 2,402nd of 4,246 in wholesale trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 427 to 526 since 2022.

Plan summary
Net assets, end of year$14,611,304
Participants with balances186
Active participants526
Employer contributions$356,902
Employee contributions$691,759
Employer contribution per active participant$679
Average account balance$78,555
Benefits paid to participants$861,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 186 accts · $357K emplr
2023$12.8M · 181 accts · $126K emplr
2022$9.7M · 174 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,220
Investment management$73,462
Total administrative$98,682
The R. H. Foster Energy, LLC 401(k) match · 2024
Employer contribution per active participant$679
Median for plans this size$2,416
2024$679 per active participant
2023$238 per active participant
2022$539 per active participant

R. H. Foster Energy, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FISHER ASSET MANAGEMENT LLC · Investment advisory (plan)$73,462
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,220

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$98,682 · 0.72%
2023$88,271 · 0.79%
2022$68,482 · 0.63%
Same employer
Similar plansWholesale Trade · Maine
Nappi Distributors, Inc. ME$18.6M · 0.08%
Butler Bros. ME$17.2M · 0.31%
W.D. Matthews Machinery Co. ME$14.7M · 0.07%
C.N. Brown Company ME$14.6M · 0.60%
National Distributors, Inc. ME$14.1M · 0.42%
Central Distributors, Inc. ME$10.9M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010524966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.