Plan Ledger DOL Form 5500 · updated monthly

Raf Industries, Inc.401(k)

RAF INDUSTRIES, INC. SAVINGS PLAN · BALA CYNWYD, PA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Raf Industries, Inc. reported $95,106 in plan administrative expenses for 2023: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,871 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 fell from 0.06% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 654th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,185th of 11,654 in professional & technical services. In 2023, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,606,447
Participants with balances1,112
Active participants887
Employer contributions$1,659,587
Employee contributions$3,986,520
Employer contribution per active participant$1,871
Average account balance$58,999
Benefits paid to participants$4,762,888
Plan auditUnmodified (clean) audit opinion
AuditorRSM
Plan history3
Yearassets · accounts · employer contribution
2024$58.9M · 1,032 accts · $1.6M emplr
2023$65.6M · 1,112 accts · $1.7M emplr
2022$55.6M · 1,048 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,749
Total administrative$95,106
The Raf Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$1,871
Median for plans this size$3,659
2024$1,735 per active participant
2023$1,871 per active participant
2022$1,903 per active participant

Raf Industries, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WILMINGTON TRUST, N.A.$73,357
JPMORGAN INVEST HOLDINGS LLC$21,749

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$11,069 · 0.02%
2023$95,106 · 0.16%
2022$40,224 · 0.06%
Same employer
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Stone & Webster LLC PA$67.5M · 0.09%
Burns Engineering, Inc. PA$66.4M · 0.20%
Barley Snyder LLP PA$66.2M · 0.36%
Amplity, Inc. PA$66.0M · 0.38%
Truecommerce, Inc. PA$64.4M · 0.21%
Tucker Arensberg PC PA$64.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510247983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.