Plan Ledger DOL Form 5500 · updated monthly

Reell Precision Manufacturing CorporationESOP

REELL PRECISION MANUFACTURING CORPORATION RESTATED EMPLOYEE STOCK OWNERSHIP PLAN · ST. PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Reell Precision Manufacturing Corporation reported $54,179 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $9,999 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 0.19% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 794th-largest of 1,918 plans among Minnesota employers on file, and the 5,204th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$24,417,572
Participants with balances180
Active participants112
Employer contributions$1,119,888
Employee contributions—
Employer contribution per active participant$9,999
Average account balance$135,653
Benefits paid to participants$1,226,299
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$24.4M · 180 accts · $1.1M emplr
2022$22.9M · 175 accts · $902K emplr
Employer contributions to the Reell Precision Manufacturing Corporation plan · 2023
Employer contribution per active participant$9,999
Median for plans this size$2,440
2023$9,999 per active participant
2022$8,352 per active participant

Reell Precision Manufacturing Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$54,179 · 0.23%
2022$45,423 · 0.19%
All plans at this employer2
REELL PRECISION MANUFACTURING CORPORATION RESTATED EMPLOYEE STOCK OWNERSHIP PLANESOP
REELL PRECISION MANUFACTURING CORPORATION 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Minnesota
Peerless Chain Company MN$25.1M · 0.44%
Plato Woodwork, Inc. MN$25.1M · 0.05%
Scott Equipment Co. MN$24.2M · 0.39%
Activar, Inc. MN$23.9M · 0.46%
Wec, Inc. MN$23.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410970749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.