What are the fees in the Relco Systems, Inc. 401(k) plan?

For plan year 2022, Relco Systems, Inc. reported $10,032 in plan administrative expenses, or 0.39% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the Relco Systems, Inc. 401(k) match?

In 2022, employer contributions to the Relco Systems, Inc. plan averaged $132 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Relco Systems, Inc. 401(k)?

The average participant account balance was $81,601 for plan year 2022, based on 29 accounts.

Relco Systems, Inc.401(k)

Name: Relco Systems, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

RELCO SYSTEMS, INC. 401(K) PLAN · LOCKPORT, NY · plan year 2022

Reported admin expense ratio · 2022

0.39%

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

Relco Systems, Inc. reported $10,032 in plan administrative expenses for 2022: 0.39% of average plan assets, below the peer median. Employer contributions averaged $132 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 transportation & warehousing employers. By assets it is among the smaller plans on file in New York (5,051st of 5,648), and 2,048th of 2,677 in transportation & warehousing. In 2022, employees put in $9.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,366,429
Participants with balances29
Active participants95
Employer contributions$12,561
Employee contributions$113,952
Employer contribution per active participant$132
Average account balance$81,601
Benefits paid to participants$201,705
Plan auditUnmodified (clean) audit opinion
AuditorTRONCONI SEGARRA & ASSOCIATES LLP

Administrative expenses, itemized · 2022

Professional / advisory$10,032

Total administrative$10,032

The Relco Systems, Inc. 401(k) match · 2022

Employer contribution per active participant$132

Median for plans this size$1,114

Relco Systems, Inc.'s 2022 employer contribution ran below the $1,114 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

Your balance

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$10,032 · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161004166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.