Plan Ledger DOL Form 5500 · updated monthly

Rayser Holdings, Inc.ESOP

RAYSER HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CEDAR RAPIDS, IA · plan year 2024

Employer contribution per participant · 2024
$4,244

Rayser Holdings, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $23,040,857 across 158 participant accounts, with employer contributions averaging $4,244 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.000% to 0.000%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 362nd-largest of 878 plans among Iowa employers on file, and the 1,301st of 5,215 in retail trade.

Plan summary
Net assets, end of year$23,040,857
Participants with balances158
Active participants133
Employer contributions$564,452
Employee contributions—
Employer contribution per active participant$4,244
Average account balance$145,828
Benefits paid to participants$547,130
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 158 accts · $564K emplr
2023$16.9M · 162 accts · $986K emplr
2022$14.0M · 174 accts · $698K emplr
Employer contributions to the Rayser Holdings, Inc. plan · 2024
Employer contribution per active participant$4,244
Median for plans this size$2,416
2024$4,244 per active participant
2023$7,417 per active participant
2022$5,366 per active participant

Rayser Holdings, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024Not separately reported
2023$50 · 0.00%
2022$23 · 0.00%
All plans at this employer2
RAYSER HOLDINGS, INC. 401(K) RETIREMENT PLAN401(k)
RAYSER HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Iowa
Karl Chevrolet, Inc. IA$31.2M · 0.45%
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Sioux City Truck Sales IA$23.5M · 0.35%
Hartig Drug Company IA$19.9M · 0.43%
Onerorx, Inc. IA$18.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420985270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.