Plan Ledger DOL Form 5500 · updated monthly

R K Manufacturing Corporation401(k)

R K MANUFACTURING CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · DANBURY, CT · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

R K Manufacturing Corporation reported $16,412 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,963 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (879th of 1,106), and 10,737th of 13,661 in manufacturing. In 2022, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,904,291
Participants with balances89
Active participants103
Employer contributions$202,183
Employee contributions$410,381
Employer contribution per active participant$1,963
Average account balance$66,340
Benefits paid to participants$251,183
Plan auditUnmodified (clean) audit opinion
AuditorFIORITA, KORNHAAS & COMPANY, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,552
Investment management$14,860
Total administrative$16,412
The R K Manufacturing Corporation 401(k) match · 2022
Employer contribution per active participant$1,963
Median for plans this size$1,114

R K Manufacturing Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,412 · 0.26%
Similar plansManufacturing · Connecticut
Midsun Group Inc CT$6.6M · 0.23%
Verbio North America LLC CT$6.1M · 1.30%
Hcp Packaging USA Inc CT$5.5M · 0.13%
Specialty Printing LLC CT$5.4M · 0.05%
Rom Technologies, Inc. CT$5.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061428443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.