Plan Ledger DOL Form 5500 · updated monthly

Rcm Industries, Inc401(k)

RCM INDUSTRIES, INC. 401(K) AND PROFIT SHARING PLAN · FRANKLIN PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Rcm Industries, Inc reported $29,959 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,965 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 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,367th-largest of 3,702 plans among Illinois employers on file, and the 4,680th of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,399,319
Participants with balances415
Active participants480
Employer contributions$943,316
Employee contributions$1,014,858
Employer contribution per active participant$1,965
Average account balance$68,432
Benefits paid to participants$3,221,248
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX LTD
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 415 accts · $943K emplr
2023$26.1M · 421 accts · $1.3M emplr
2022$22.2M · 408 accts · $865K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,139
Investment management$12,818
Total administrative$29,959
The Rcm Industries, Inc 401(k) match · 2024
Employer contribution per active participant$1,965
Median for plans this size$2,416
2024$1,965 per active participant
2023$2,934 per active participant
2022$1,953 per active participant

Rcm Industries, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,139
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,818

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$29,959 · 0.11%
2023$16,148 · 0.07%
2022$14,401 · 0.06%
Same employer
Similar plansManufacturing · Illinois
The Morey Corporation IL$28.7M · 0.36%
Stahl (USA) Inc. IL$28.6M · 0.02%
Nation Pizza Products, LLC IL$28.4M · 0.26%
Digital Check Corp. IL$28.3M · 0.31%
Ventra Ionia LLC IL$28.2M · 0.24%
Powertrain Rockford, Inc. IL$28.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363710664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.