Plan Ledger DOL Form 5500 · updated monthly

Ram Manufacturing Company, Inc. D/B/A Ram Aviation Space and Defense401(k)

RAM MANUFACTURING COMPANY, INC. 401(K) PLAN · ST. GEORGE, UT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Ram Manufacturing Company, Inc. D/B/A Ram Aviation Space and Defense reported $56,327 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,719 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 0.89% to 0.53%. 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 421st-largest of 848 plans among Utah employers on file, and 8,175th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 245 to 323 since 2022.

Plan summary
Net assets, end of year$11,549,056
Participants with balances349
Active participants323
Employer contributions$555,128
Employee contributions$1,420,146
Employer contribution per active participant$1,719
Average account balance$33,092
Benefits paid to participants$1,414,589
Plan auditUnmodified (clean) audit opinion
AuditorHINTONBURDICK CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 349 accts · $555K emplr
2023$9.7M · 289 accts · $402K emplr
2022$7.4M · 344 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,075
Investment management$47,252
Total administrative$56,327
The Ram Manufacturing Company, Inc. D/B/A Ram Aviation Space and Defense 401(k) match · 2024
Employer contribution per active participant$1,719
Median for plans this size$2,416
2024$1,719 per active participant
2023$1,427 per active participant
2022$1,585 per active participant

Ram Manufacturing Company, Inc. D/B/A Ram Aviation Space and Defense'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$9,075
SOLTIS INVESTMENT ADVISORS, LLC · Consulting · Insurance services$47,252

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,327 · 0.53%
2023$47,707 · 0.56%
2022$69,188 · 0.89%
Same employer
Similar plansManufacturing · Utah
Trove Brands, LLC UT$12.1M · 0.54%
Honeyville, Inc UT$11.7M · 0.38%
Asea, LLC UT$11.4M · 0.08%
Utah Medical Products, Inc. UT$11.1M · 0.00%
Stadler US Inc UT$10.8M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870486348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.