Plan Ledger DOL Form 5500 · updated monthly

Rath Incorporated401(k)

RATH USA DEFINED CONTRIBUTION PLAN · NEWARK, DE · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Rath Incorporated reported $16,526 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,979 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 0.46% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Delaware (191st of 242), and 4,427th of 4,798 in finance & insurance. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,360,972
Participants with balances107
Active participants82
Employer contributions$244,244
Employee contributions$340,006
Employer contribution per active participant$2,979
Average account balance$50,103
Benefits paid to participants$463,766
Plan auditUnmodified (clean) audit opinion
AuditorKREISCHER-MILLER
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 107 accts · $244K emplr
2023$4.7M · 108 accts · $230K emplr
2022$3.9M · 140 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,526
Total administrative$16,526
The Rath Incorporated 401(k) match · 2024
Employer contribution per active participant$2,979
Median for plans this size$1,313
2024$2,979 per active participant
2023$2,701 per active participant
2022$3,239 per active participant

Rath Incorporated's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$16,526

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$16,526 · 0.33%
2023$22,931 · 0.54%
2022$17,731 · 0.46%
Similar plansFinance & Insurance · Delaware
Partners Bancorp DE$14.6M · 0.27%
County Bank DE$12.6M · 0.23%
New Rez, LLC PA$5.4M · 0.04%
Hillsborough Title, Inc. FL$5.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510326245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.