Plan Ledger DOL Form 5500 · updated monthly

Reading Rock, Inc.401(k)

READING ROCK, INC. 401(K) RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Reading Rock, Inc. reported $39,208 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,005 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 3 years on file its reported administrative ratio has held roughly steady near 0.352%. 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 among the smaller plans on file in Ohio (1,838th of 3,295), and 8,079th of 13,661 in manufacturing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,829,916
Participants with balances149
Active participants217
Employer contributions$435,015
Employee contributions$703,174
Employer contribution per active participant$2,005
Average account balance$79,395
Benefits paid to participants$1,215,937
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 149 accts · $435K emplr
2023$10.4M · 159 accts · $359K emplr
2022$8.8M · 154 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,208
Total administrative$39,208
The Reading Rock, Inc. 401(k) match · 2024
Employer contribution per active participant$2,005
Median for plans this size$2,416
2024$2,005 per active participant
2023$1,594 per active participant
2022$1,543 per active participant

Reading Rock, 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 · 20245
ADP, INC. · Loan processing · Recordkeeping$8,469
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$1,722
EMPOWER ADVISORY GROUP, LLC · Investment management$7,313
CREATIVE RETIREMENT SYSTEMS, INC. · Contract administrator$6,077

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$39,208 · 0.35%
2023$28,997 · 0.30%
2022$36,657 · 0.35%
Similar plansManufacturing · Ohio
Neograf Solutions, LLC OH$11.9M · 0.31%
Baesman Group, Inc. OH$11.9M · 0.18%
Tricor Industrial, Inc. OH$11.8M · 0.54%
Custom Agri Systems, Inc. OH$11.8M · 0.48%
Aluchem, Inc. OH$11.8M · 0.32%
Graeter's Manufacturing Co. OH$11.7M · 0.32%
United Dairy, Inc. OH$11.7M · 0.16%
The Sutphen Corp. OH$11.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310745681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.