Plan Ledger DOL Form 5500 · updated monthly

Rbi Corporation401(k)

RBI CORPORATION PROFIT SHARING PLAN · ASHLAND, VA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Rbi Corporation reported $40,337 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,132 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 6 years on file its reported administrative ratio rose from 0.33% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (1,379th of 2,266), and 2,756th of 4,246 in wholesale trade. In 2023, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,216,653
Participants with balances194
Active participants100
Employer contributions$313,155
Employee contributions$322,196
Employer contribution per active participant$3,132
Average account balance$57,818
Benefits paid to participants$468,607
Plan auditUnmodified (clean) audit opinion
AuditorHANSON SMITH CONE ROBERTELLO
Plan history4
Yearassets · accounts · employer contribution
2024$10.7M · 206 accts · $341K emplr
2023$11.2M · 194 accts · $313K emplr
2022$8.9M · 176 accts · $217K emplr
2018$7.7M · 120 accts · $255K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,871
Investment management$16,466
Total administrative$40,337
The Rbi Corporation 401(k) match · 2023
Employer contribution per active participant$3,132
Median for plans this size$2,440
2024$3,315 per active participant
2023$3,132 per active participant
2022$2,442 per active participant
2018$2,452 per active participant

Rbi Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$15,887
EMPOWER ADVISORY GROUP, LLC · Investment management$579

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

Administrative cost history4
2024$52,498 · 0.48%
2023$40,337 · 0.40%
2022$39,690 · 0.45%
2018$26,856 · 0.33%
Similar plansWholesale Trade · Virginia
Virginia Imports, LTD. VA$12.2M · 0.53%
Smart Technologies Corp. VA$11.2M · 0.67%
Richmond Ford, LLC VA$9.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540356530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.