Plan Ledger DOL Form 5500 · updated monthly

Rfd Beaufort Inc.401(k)

SURVITEC GROUP NA 401(K) SAVINGS PLAN · SHARON CENTER, OH · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Rfd Beaufort Inc. reported $85,595 in plan administrative expenses for 2022: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,313 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 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,862nd of 3,295), and 8,188th of 13,661 in manufacturing. In 2022, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,491,764
Participants with balances405
Active participants256
Employer contributions$592,246
Employee contributions$698,957
Employer contribution per active participant$2,313
Average account balance$28,375
Benefits paid to participants$1,293,704
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $72K emplr
2022$11.5M · 405 accts · $592K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$44,188
Investment management$41,407
Total administrative$85,595
The Rfd Beaufort Inc. 401(k) match · 2022
Employer contribution per active participant$2,313
Median for plans this size$2,266

Rfd Beaufort Inc.'s 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$85,595 · 0.68%
Similar plansManufacturing · Ohio
Princeton Tool, Inc. OH$11.6M · 0.57%
Ft Precision Inc. OH$11.5M · 0.09%
Vinylmax LLC OH$11.5M · 0.68%
Superior Dairy, Inc. OH$11.5M · 0.31%
Haver Tyler, Inc. OH$11.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223443636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.