Plan Ledger DOL Form 5500 · updated monthly

Refreshment Services, Inc.401(k)

REFRESHMENT SERVICES, INC. 401(K) PLAN · SPRINGFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Refreshment Services, Inc. reported $76,940 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $787 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 0.332%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,550th-largest of 3,702 plans among Illinois employers on file, and the 1,663rd of 4,246 in wholesale trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 410 to 484 since 2022.

Plan summary
Net assets, end of year$23,424,034
Participants with balances272
Active participants484
Employer contributions$380,771
Employee contributions$763,839
Employer contribution per active participant$787
Average account balance$86,118
Benefits paid to participants$3,471,730
Plan auditUnmodified (clean) audit opinion
AuditorECK, SCHAFER, & PUNKE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 272 accts · $381K emplr
2023$22.9M · 264 accts · $388K emplr
2022$21.1M · 278 accts · $387K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,398
Investment management$46,542
Total administrative$76,940
The Refreshment Services, Inc. 401(k) match · 2024
Employer contribution per active participant$787
Median for plans this size$2,416
2024$787 per active participant
2023$866 per active participant
2022$944 per active participant

Refreshment Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$30,398
NAVIGATE RETIREMENT SOLUTIONS · Investment advisory (plan)$46,542
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$76,940 · 0.33%
2023$71,015 · 0.32%
2022$76,653 · 0.33%
Same employer
Similar plansWholesale Trade · Illinois
Munchs Supply, LLC IL$24.3M · 0.37%
Clare Holdings, LLC IL$24.2M · 0.29%
Wittenstein, Inc. IL$23.9M · 0.03%
Mj Holding Company, LLC IL$23.8M · 0.27%
Planmeca USA, Inc. IL$23.2M · 0.30%
Storck USA, L.P. IL$22.6M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371041383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.