Plan Ledger DOL Form 5500 · updated monthly

Range Bank, N.A.401(k)

RANGE BANK, N.A. 401(K) PLAN · MARQUETTE, MI · plan year 2025

Reported admin expense ratio · 2025
0.14%

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

Range Bank, N.A. reported $22,137 in plan administrative expenses for 2025: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,364 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 rose from 0.11% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,188th-largest of 2,619 plans among Michigan employers on file, and 3,372nd of 4,798 in finance & insurance. In 2025, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,302,913
Participants with balances155
Active participants111
Employer contributions$373,399
Employee contributions$589,815
Employer contribution per active participant$3,364
Average account balance$105,180
Benefits paid to participants$1,578,319
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$16.3M · 155 accts · $373K emplr
2024$14.4M · 147 accts · $220K emplr
2023$12.5M · 150 accts · $349K emplr
2022$12.3M · 162 accts · $321K emplr
The Range Bank, N.A. 401(k) match · 2025
Employer contribution per active participant$3,364
Median for plans this size$2,666
2025$3,364 per active participant
2024$2,094 per active participant
2023$3,235 per active participant
2022$2,632 per active participant

Range Bank, N.A.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
ANDREWS HOOPER PAVLIK PLC$13,000
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants) · Investment advisory (plan)indirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp
PENSION CONSULTANTS CO., INC. · Other servicesindirect comp

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

Administrative cost history4
2025$22,137 · 0.14%
2024$15,413 · 0.11%
2023$12,835 · 0.10%
2022$15,650 · 0.11%
Same employer
Similar plansFinance & Insurance · Michigan
Michigan Mutual, Inc. MI$19.3M · 0.14%
Mortgage 1 Inc. MI$18.9M · 0.44%
Highpoint Community Bank MI$18.7M · 0.41%
Conifer Holdings, Inc. MI$15.6M · 0.47%
Tlc Community Credit Union MI$15.5M · 0.24%
J.M. Wilson Corporation MI$15.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380869023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.