Plan Ledger DOL Form 5500 · updated monthly

Rheovest HR, LLC401(k)

RHEOVEST HR, LLC 401(K) PLAN · KEITHVILLE, LA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Rheovest HR, LLC reported $17,465 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,124 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 3 years on file its reported administrative ratio has held roughly steady near 0.245%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Louisiana (510th of 884), and 459th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,694,637
Participants with balances194
Active participants181
Employer contributions$565,404
Employee contributions$616,953
Employer contribution per active participant$3,124
Average account balance$39,663
Benefits paid to participants$743,496
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 194 accts · $565K emplr
2023$6.6M · 198 accts · $551K emplr
2022$5.6M · 184 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,465
Total administrative$17,465
The Rheovest HR, LLC 401(k) match · 2024
Employer contribution per active participant$3,124
Median for plans this size$1,313
2024$3,124 per active participant
2023$3,321 per active participant
2022$3,028 per active participant

Rheovest HR, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
HEARD, MCELROY & VESTAL, L.L.C. · Contract administrator$15,200

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

Administrative cost history3
2024$17,465 · 0.25%
2023$19,900 · 0.33%
2022$13,975 · 0.25%
Same employer
Similar plansMining, Oil & Gas Extraction · Louisiana
Gordon Technologies LLC LA$10.1M · 0.07%
Fdf Energy Services, LLC LA$9.3M · 0.75%
Kencoil, Inc. LA$7.7M · 0.54%
Cardinal Services, LLC LA$6.7M · 0.04%
Ecoserv Holding, LLC LA$6.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831202345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.