Plan Ledger DOL Form 5500 · updated monthly

Retzer Resources, Inc.401(k)

RETZER RESOURCES, INC. 401(K) PLAN · GREENVILLE, MS · plan year 2022

Reported admin expense ratio · 2022
2.03%

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

Retzer Resources, Inc. reported $96,382 in plan administrative expenses for 2022: 2.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $202 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 1 year on file its reported administrative ratio rose from 2.03% to 2.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Mississippi (253rd of 367), and the 965th of 2,240 in accommodation & food services. In 2022, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,382,668
Participants with balances902
Active participants1,297
Employer contributions$262,189
Employee contributions$628,993
Employer contribution per active participant$202
Average account balance$4,859
Benefits paid to participants$677,557
Plan auditUnmodified (clean) audit opinion
AuditorSAYLE, SANDIFER & ASSOCIATES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$102K · 5 accts · $120K emplr
2022$4.4M · 902 accts · $262K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$69,408
Investment management$2,228
Professional / advisory$24,746
Total administrative$96,382
The Retzer Resources, Inc. 401(k) match · 2022
Employer contribution per active participant$202
Median for plans this size$1,114

Retzer Resources, 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

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 history2
2023$51,824 · 2.31%
2022$96,382 · 2.03%
Similar plansAccommodation & Food Services · Mississippi
Rpm Pizza, LLC MS$16.1M · 0.16%
Ten D Enterprises, Inc. MS$2.2M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640531354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.