Plan Ledger DOL Form 5500 · updated monthly

R Y Timber Inc.401(k)

R Y TIMBER PROFIT SHARING AND 401K PLAN · BOISE, ID · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

R Y Timber Inc. reported $34,783 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $377 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 1 year on file its reported administrative ratio rose from 0.45% to 0.56%. 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 Idaho (210th of 349), and 10,285th of 13,661 in manufacturing. In 2022, employees put in $6.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,791,216
Participants with balances111
Active participants87
Employer contributions$32,761
Employee contributions$206,102
Employer contribution per active participant$377
Average account balance$61,182
Benefits paid to participants$879,505
Plan auditUnmodified (clean) audit opinion
AuditorLEAVITT CHRISTENSEN
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 45 accts · $14K emplr
2022$6.8M · 111 accts · $33K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,077
Investment management$16,352
Professional / advisory$10,354
Total administrative$34,783
The R Y Timber Inc. 401(k) match · 2022
Employer contribution per active participant$377
Median for plans this size$1,114
2023$14,368 per active participant
2022$377 per active participant

R Y Timber Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$25,687 · 0.56%
2022$34,783 · 0.45%
Similar plansManufacturing · Idaho
Bay Shore Systems Inc ID$7.3M · 0.07%
Hoff Companies Inc. ID$6.9M · 0.21%
Potato Products of Idaho ID$5.7M · 1.19%
Jst Manufacturing, Inc. ID$5.6M · 0.48%
Rule Steel Tanks, Inc. ID$4.9M · 1.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810423317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.