Plan Ledger DOL Form 5500 · updated monthly

Revere Control Systems, Inc.401(k)

REVERE CONTROL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · BIRMINGHAM, AL · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Revere Control Systems, Inc. reported $23,601 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,702 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 0.09% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 282nd-largest of 902 plans among Alabama employers on file, and the 5,118th of 11,654 in professional & technical services. In 2023, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,582,257
Participants with balances228
Active participants180
Employer contributions$306,350
Employee contributions$1,303,067
Employer contribution per active participant$1,702
Average account balance$99,045
Benefits paid to participants$3,274,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $118K emplr
2023$22.6M · 228 accts · $306K emplr
2022$20.9M · 246 accts · $416K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,698
Investment management$5,403
Audit (IQPA)$10,500
Total administrative$23,601
The Revere Control Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$1,702
Median for plans this size$2,440
2023$1,702 per active participant
2022$2,339 per active participant

Revere Control Systems, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BLACK AND PINCKARD · Accounting / audit$10,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,698
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,403

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

Administrative cost history3
2024Not separately reported
2023$23,601 · 0.11%
2022$17,238 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Alabama
Kassouf & Co., Inc. AL$25.1M · 0.31%
Gan Corporation AL$24.4M · 0.10%
Premployer, Inc. AL$23.3M · 0.94%
Thompson Gray, Inc. AL$22.5M · 0.48%
Cdg, Inc. AL$21.9M · 0.03%
Tec-Masters, Inc. AL$20.8M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630794615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.