Plan Ledger DOL Form 5500 · updated monthly

Reynolds Farm Equipment, Inc.401(k)

REYNOLDS FARM EQUIPMENT, INC. 401(K) PLAN · ATLANTA, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Reynolds Farm Equipment, Inc. reported $2,936 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,801 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 692nd-largest of 1,562 plans among Indiana employers on file, and the 1,826th of 5,215 in retail trade. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,838,214
Participants with balances255
Active participants251
Employer contributions$452,074
Employee contributions$961,039
Employer contribution per active participant$1,801
Average account balance$62,111
Benefits paid to participants$1,643,852
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 255 accts · $452K emplr
2023$14.1M · 248 accts · $375K emplr
2022$11.3M · 246 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,936
Total administrative$2,936
The Reynolds Farm Equipment, Inc. 401(k) match · 2024
Employer contribution per active participant$1,801
Median for plans this size$2,416
2024$1,801 per active participant
2023$1,436 per active participant
2022$1,233 per active participant

Reynolds Farm Equipment, Inc.'s 2024 employer contribution ran below 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.

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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,936 · 0.02%
2023$2,315 · 0.02%
2022$1,389 · 0.01%
Same employer
Similar plansRetail Trade · Indiana
Capitol City Ford Inc. IN$16.7M · 0.08%
Bosak Motor Sales Inc IN$16.5M · 0.47%
O'Daniel Automotive, Inc. IN$16.0M · 0.50%
Glenbrook Dodge, Inc. IN$15.7M · 0.38%
Romain Buick, Inc. IN$14.8M · 0.77%
Lids Holdings Inc. IN$14.5M · 1.07%
Basney Imports, Inc. IN$14.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351047907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.