Plan Ledger DOL Form 5500 · updated monthly

Rcf, LLC401(k)

GEMSTONE FOODS 401K PLAN · DECATURE, AL · plan year 2023

Reported admin expense ratio · 2023
1.11%

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

Rcf, LLC reported $9,658 in plan administrative expenses for 2023: 1.11% of average plan assets, below the peer median. Employer contributions averaged $265 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 0.92% to 1.33%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (856th of 902), and 13,267th of 13,661 in manufacturing. In 2023, employees put in $2.70 for every $1.00 the employer contributed; active participation has shrunk from 556 to 426 since 2022.

Plan summary
Net assets, end of year$1,026,614
Participants with balances164
Active participants426
Employer contributions$113,036
Employee contributions$304,787
Employer contribution per active participant$265
Average account balance$6,260
Benefits paid to participants$244,759
Plan auditUnmodified (clean) audit opinion
AuditorBLACK AND PINCKARD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$995K · 98 accts · $45 emplr
2023$1.0M · 164 accts · $113K emplr
2022$710K · 168 accts · $262K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,458
Investment management$175
Total administrative$9,658
The Rcf, LLC 401(k) match · 2023
Employer contribution per active participant$265
Median for plans this size$522
2024$0 per active participant
2023$265 per active participant
2022$471 per active participant

Rcf, LLC's 2023 employer contribution ran below the $522 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 · 20232
JOHN HANCOCK · Recordkeeping · Investment management$2,380
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$175

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$13,477 · 1.33%
2023$9,658 · 1.11%
2022$6,531 · 0.92%
Similar plansManufacturing · Alabama
Linden Lumber, LLC AL$1.2M · 1.64%
Sja, Inc. AL$1.1M · 0.82%
Two Rivers Lumber AL$848K · 0.65%
Excel Interior Door, LLC AL$843K · 2.96%
Straehle Hes USA, Inc. AL$709K · 1.62%
Leehan America, Inc. AL$392K · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453587389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.