Plan Ledger DOL Form 5500 · updated monthly

Renfroe, Inc.Profit-sharing plan

RENFROE, INC. 401(K) PLAN · MONTGOMERY, AL · plan year 2022

Reported admin expense ratio · 2022
1.00%

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

Renfroe, Inc. reported $14,122 in plan administrative expenses for 2022: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $643 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 retail trade employers. By assets it is among the smaller plans on file in Alabama (838th of 902), and 4,864th of 5,215 in retail trade. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,334,586
Participants with balances44
Active participants106
Employer contributions$68,202
Employee contributions$152,725
Employer contribution per active participant$643
Average account balance$30,332
Benefits paid to participants$121,173
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,440
Investment management$8,682
Total administrative$14,122
Employer contributions to the Renfroe, Inc. plan · 2022
Employer contribution per active participant$643
Median for plans this size$1,114

Renfroe, Inc.'s 2022 employer contribution ran below 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$14,122 · 1.00%
Similar plansRetail Trade · Alabama
10 Below, LLC AL$1.4M · 1.75%
Serra Chevrolet, Inc. AL$1.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721382616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.