Plan Ledger DOL Form 5500 · updated monthly

Red River Commodities, Inc.401(k)

401(K) SAVINGS PLAN OF RED RIVER COMMODITIES · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Red River Commodities, Inc. reported $52,663 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,251 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 fell from 0.31% to 0.27%. 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 115th-largest of 279 plans among North Dakota employers on file, and the 5,799th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,699,424
Participants with balances509
Active participants316
Employer contributions$711,463
Employee contributions$1,109,910
Employer contribution per active participant$2,251
Average account balance$40,667
Benefits paid to participants$1,895,412
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 509 accts · $711K emplr
2023$17.9M · 592 accts · $756K emplr
2022$15.7M · 533 accts · $775K emplr
Administrative expenses, itemized · 2024
Investment management$52,663
Total administrative$52,663
The Red River Commodities, Inc. 401(k) match · 2024
Employer contribution per active participant$2,251
Median for plans this size$2,416
2024$2,251 per active participant
2023$2,223 per active participant
2022$2,364 per active participant

Red River Commodities, 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
ASCENSUS LLC · Loan processing · Recordkeeping$29,189
LC MORGAN STANLEY · Investment advisory (plan)$46,215

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$52,663 · 0.27%
2023$56,012 · 0.33%
2022$52,970 · 0.31%
Same employer
Similar plansManufacturing · North Dakota
Baker Boy, Inc. ND$23.1M · 0.20%
Newman Signs, Inc. ND$21.6M · 0.24%
Ideal Aerosmith, Inc. ND$21.0M · 0.32%
Dacotah Paper Company ND$19.5M · 0.38%
Korber Pharma, Inc. ND$18.6M · 0.28%
Weisgram Metal Fab, Inc. ND$17.7M · 0.34%
Cloverdale Foods Company ND$17.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450321457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.