Plan Ledger DOL Form 5500 · updated monthly

Rei Automation, Inc.401(k)

REI AUTOMATION, INC 401(K) PLAN · COLUMBIA, SC · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Rei Automation, Inc. reported $15,973 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,081 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in South Carolina (591st of 807), and 672nd of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,401,053
Participants with balances90
Active participants98
Employer contributions$203,957
Employee contributions$466,432
Employer contribution per active participant$2,081
Average account balance$48,901
Benefits paid to participants$94,946
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,973
Total administrative$15,973
The Rei Automation, Inc. 401(k) match · 2022
Employer contribution per active participant$2,081
Median for plans this size$1,114

Rei Automation, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,973 · 0.34%
Similar plansAgriculture, Forestry & Fishing · South Carolina
Arborgen Inc. SC$16.1M · 0.37%
Walter P. Rawl & Sons, Inc. SC$14.0M · 0.67%
Patten Seed Company SC$12.7M · 0.33%
Alpha Genesis, Inc. SC$3.8M · 1.25%
Amplifiedag, Inc. SC$1.1M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570911909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.