Plan Ledger DOL Form 5500 · updated monthly

R.S.M. Electron Power, Inc401(k)

R.S.M. ELECTRON POWER, INC 401(K) PLAN · DEER PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

R.S.M. Electron Power, Inc reported $86,238 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,506 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 0.25% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,846th-largest of 5,648 plans among New York employers on file, and the 4,209th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,818,963
Participants with balances294
Active participants247
Employer contributions$865,956
Employee contributions$2,209,434
Employer contribution per active participant$3,506
Average account balance$111,629
Benefits paid to participants$3,531,312
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 294 accts · $866K emplr
2023$29.1M · 309 accts · $886K emplr
2022$25.4M · 317 accts · $851K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,900
Investment management$75,338
Total administrative$86,238
The R.S.M. Electron Power, Inc 401(k) match · 2024
Employer contribution per active participant$3,506
Median for plans this size$2,416
2024$3,506 per active participant
2023$3,433 per active participant
2022$3,164 per active participant

R.S.M. Electron Power, Inc's 2024 employer contribution ran above the $2,416 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.

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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$75,338

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$86,238 · 0.28%
2023$72,106 · 0.26%
2022$66,098 · 0.25%
Same employer
Similar plansManufacturing · New York
Mercury Aircraft Inc. NY$32.1M · 0.16%
Safran Trusted 4D, Inc. NY$32.0M · 0.34%
Ultralife Corporation NY$31.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112219032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.