Plan Ledger DOL Form 5500 · updated monthly

R H Reny Inc401(k)

R H RENY INC 401(K) PROFIT SHARING PLAN & TRUST · NEWCASTLE, ME · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

R H Reny Inc reported $38,401 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $354 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 0.40% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maine (225th of 354), and 2,721st of 5,215 in retail trade. In 2024, employees put in $5.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,529,593
Participants with balances521
Active participants307
Employer contributions$108,776
Employee contributions$621,460
Employer contribution per active participant$354
Average account balance$18,291
Benefits paid to participants$483,019
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 521 accts · $109K emplr
2023$8.2M · 481 accts · $103K emplr
2022$6.8M · 456 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,509
Investment management$21,892
Total administrative$38,401
The R H Reny Inc 401(k) match · 2024
Employer contribution per active participant$354
Median for plans this size$1,313
2024$354 per active participant
2023$347 per active participant
2022$323 per active participant

R H Reny 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.

Administrative cost history3
2024$38,401 · 0.43%
2023$31,771 · 0.42%
2022$29,440 · 0.40%
Similar plansRetail Trade · Maine
Pei ME$12.2M · 0.25%
Colby and Gale, Inc. ME$10.2M · 0.69%
V.I.P, Inc. ME$9.3M · 1.07%
Maritime Energy, Inc. ME$7.0M · 0.29%
Rowe Ford Sales ME$6.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010206036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.