Plan Ledger DOL Form 5500 · updated monthly

Rbk, Inc.401(k)

SWP-JPI-LEF-SWD 401(K) PLAN · SYRACUSE, IN · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Rbk, Inc. reported $46,608 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $503 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 rose from 0.62% to 1.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,308th of 1,562), and 12,166th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 218 to 262 since 2022.

Plan summary
Net assets, end of year$3,217,205
Participants with balances184
Active participants262
Employer contributions$131,895
Employee contributions$318,852
Employer contribution per active participant$503
Average account balance$17,485
Benefits paid to participants$223,021
Plan auditUnmodified (clean) audit opinion
AuditorDAHMS & YARIAN, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 184 accts · $132K emplr
2023$2.7M · 178 accts · $122K emplr
2022$2.1M · 107 accts · $95K emplr
Administrative expenses, itemized · 2024
Investment management$46,608
Total administrative$46,608
The Rbk, Inc. 401(k) match · 2024
Employer contribution per active participant$503
Median for plans this size$1,313
2024$503 per active participant
2023$409 per active participant
2022$435 per active participant

Rbk, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
EDWARD JONESindirect comp
DAHMS & YARIAN INC. · Accounting / auditindirect comp
FACTS INC · Contract administratorindirect comp

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

Administrative cost history3
2024$46,608 · 1.58%
2023$25,161 · 1.05%
2022$13,554 · 0.62%
Similar plansManufacturing · Indiana
Lenex Steel Company IN$3.4M · 0.28%
Prime Foods, LLC IN$3.2M · 0.00%
Sigma Equipment, Inc. IN$3.1M · 0.04%
Miller Veneers, Inc. IN$3.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352079038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.