Plan Ledger DOL Form 5500 · updated monthly

Ram Enterprise, Inc.401(k)

RAM ENTERPRISE, INC. 401(K) PROFIT SHARING PLAN · ELKO, NV · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Ram Enterprise, Inc. reported $39,090 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,571 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 176th-largest of 437 plans among Nevada employers on file, and 387th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has grown from 108 to 285 since 2022.

Plan summary
Net assets, end of year$12,212,574
Participants with balances293
Active participants285
Employer contributions$447,800
Employee contributions$1,609,169
Employer contribution per active participant$1,571
Average account balance$41,681
Benefits paid to participants$1,361,252
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 293 accts · $448K emplr
2023$9.6M · 225 accts · $304K emplr
2022$7.5M · 169 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,788
Investment management$30,302
Total administrative$39,090
The Ram Enterprise, Inc. 401(k) match · 2024
Employer contribution per active participant$1,571
Median for plans this size$2,416
2024$1,571 per active participant
2023$1,535 per active participant
2022$2,098 per active participant

Ram Enterprise, Inc.'s 2024 employer contribution ran below 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
PHILLIPS & COMPANY SECURITIES INC · Investment advisory (plan)$30,302
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,788

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$39,090 · 0.36%
2023$34,461 · 0.40%
2022$30,106 · 0.37%
Same employer
Similar plansMining, Oil & Gas Extraction · Nevada
Robinson Holdings (USA) LTD NV$89.2M · 0.17%
Redpath USA Corporation NV$24.6M · 0.05%
Florida Canyon Mining, Inc. NV$23.1M · 0.50%
National Ewp, Inc. NV$14.1M · 0.57%
Jerritt Canyon Gold LLC NV$8.0M · 0.54%
McEwen Mining Inc. NV$5.4M · 0.72%
Rawhide Mining LLC NV$5.1M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 931073692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.