Plan Ledger DOL Form 5500 · updated monthly

Reliable Tool & Machine Company Inc.401(k)

RELIABLE PMW 401(K) PLAN · KENDALLVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Reliable Tool & Machine Company Inc. reported $52,176 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,369 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 2 years on file its reported administrative ratio fell from 1.15% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,127th of 1,562), and 10,873rd of 13,661 in manufacturing. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,648,237
Participants with balances129
Active participants116
Employer contributions$158,832
Employee contributions$415,579
Employer contribution per active participant$1,369
Average account balance$43,785
Benefits paid to participants$366,468
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 129 accts · $159K emplr
2023$4.9M · 121 accts · $158K emplr
2022$3.8M · 117 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,176
Total administrative$52,176
The Reliable Tool & Machine Company Inc. 401(k) match · 2024
Employer contribution per active participant$1,369
Median for plans this size$1,313
2024$1,369 per active participant
2023$1,370 per active participant
2022$1,217 per active participant

Reliable Tool & Machine Company Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SYM FINANCIAL CORPORATION · Investment advisory (plan)$26,981
DULIN WARD & DEWALD INC · Accounting / audit$4,505
RETIREMENT PLAN CONCEPTS & SERVICES · Contract administrator$1,200

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

Administrative cost history3
2024$52,176 · 0.99%
2023$39,295 · 0.91%
2022$50,025 · 1.15%
Same employer
Similar plansManufacturing · Indiana
Advanced Agrilytics LLC IN$5.8M · 1.31%
Poseidon LLC IN$5.8M · 0.37%
Nasco Industries, Inc. IN$5.6M · 0.25%
A.K. Industries, Inc. IN$5.5M · 0.21%
Ditto Sales, Inc. IN$5.4M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350997577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.