Renkim CorporationESOP
RENKIM CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · SOUTHGATE, MI · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Renkim Corporation reported $350 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,662 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Michigan (1,483rd of 2,619), and 1,459th of 2,199 in information & media. active participation has grown from 128 to 154 since 2022.
Renkim Corporation's 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 382421198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.