R M Palmer Company401(k)
R M PALMER COMPANY INVESTMENT OPPORTUNITY PLAN · WEST READING, PA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
R M Palmer Company reported $51,287 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,170 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 838th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,316th of 13,661 in manufacturing. In 2022, the employer put in $1.12 for every $1.00 employees contributed themselves.
R M Palmer Company's 2022 employer contribution ran below the $3,449 median for plans its size. 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 232106938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.