Plan Ledger DOL Form 5500 · updated monthly

Redneck Outdoor Products IncESOP

REDNECK OUTDOOR PRODUCTS INC EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · LAMAR, MO · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Redneck Outdoor Products Inc reported $14,379 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,818 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 1 year on file its reported administrative ratio rose from 0.00% to 0.14%. 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 Missouri (825th of 1,393), and 8,595th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$10,418,117
Participants with balances126
Active participants66
Employer contributions$450,000
Employee contributions—
Employer contribution per active participant$6,818
Average account balance$82,683
Benefits paid to participants$1,015,067
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.4M · 126 accts · $450K emplr
2023$9.5M · 129 accts · $575K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,324
Total administrative$14,379
Employer contributions to the Redneck Outdoor Products Inc plan · 2024
Employer contribution per active participant$6,818
Median for plans this size$1,313
2024$6,818 per active participant
2023$6,609 per active participant

Redneck Outdoor Products Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MENKE & ASSOCIATES, INC. · Contract administrator$13,324

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

Administrative cost history2
2024$14,379 · 0.14%
2023$419 · 0.00%
Similar plansManufacturing · Missouri
Inventory Sales Company MO$11.1M · 0.50%
Gwbd Operations, Inc. MO$10.8M · 0.55%
Magnitude 7 Metals, LLC MO$10.6M · 0.36%
Nostrum Laboratories, Inc. MO$10.5M · 0.19%
Anova Furnishings, Inc. MO$10.3M · 0.57%
Ck Supply, Inc. MO$10.3M · 0.01%
Stainless Fabrication, Inc. MO$10.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461547425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.