Plan Ledger DOL Form 5500 · updated monthly

Reich, LLC401(k)

REICH, LLC 401(K) PROFIT SHARING PLAN AND TRUST · ARDEN, NC · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Reich, LLC reported $11,650 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,783 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 manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,863rd of 2,005), and 13,209th of 13,661 in manufacturing. In 2022, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,173,488
Participants with balances83
Active participants72
Employer contributions$128,346
Employee contributions$175,504
Employer contribution per active participant$1,783
Average account balance$14,138
Benefits paid to participants$79,927
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,367
Investment management$6,283
Total administrative$11,650
The Reich, LLC 401(k) match · 2022
Employer contribution per active participant$1,783
Median for plans this size$1,114

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

Administrative cost history1
2022$11,650 · 1.02%
Similar plansManufacturing · North Carolina
Sapona Yarns, LLC NC$1.3M · 1.80%
Buckeye Fire Equipment NC$1.2M · 0.03%
Gray Flex Systems, Inc. NC$1.1M · 0.07%
King Hickory Furniture Co NC$965K · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273600880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.