Plan Ledger DOL Form 5500 · updated monthly

Ragland Bros. Retail Cos., Inc.401(k)

RAGLAND BROS. RETAIL 401(K) PLAN · HUNTSVILLE, AL · plan year 2022

Reported admin expense ratio · 2022
1.15%

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

Ragland Bros. Retail Cos., Inc. reported $29,076 in plan administrative expenses for 2022: 1.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $256 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 retail trade employers. By assets it is among the smaller plans on file in Alabama (791st of 902), and 4,616th of 5,215 in retail trade. In 2022, employees put in $4.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,175,486
Participants with balances75
Active participants96
Employer contributions$24,546
Employee contributions$119,494
Employer contribution per active participant$256
Average account balance$29,006
Benefits paid to participants$462,350
Plan auditUnmodified (clean) audit opinion
AuditorLBMC,PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,518
Investment management$20,558
Total administrative$29,076
The Ragland Bros. Retail Cos., Inc. 401(k) match · 2022
Employer contribution per active participant$256
Median for plans this size$1,114

Ragland Bros. Retail Cos., 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 history1
2022$29,076 · 1.15%
Similar plansRetail Trade · Alabama
Proxsysrx, Inc. AL$2.6M · 0.76%
Wakefield's, Inc. AL$2.4M · 0.53%
Swift Supply, Inc. AL$2.2M · 0.61%
Champion Chevrolet, Inc. AL$1.9M · 0.80%
Bruce Management, Inc. AL$1.7M · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630879720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.