Plan Ledger DOL Form 5500 · updated monthly

Rhode Island Distributing Company, LLC401(k)

RHODE ISLAND DISTRIBUTING COMPANY 401(K) PROFIT SHARING PLAN · WEST GREENWICH, RI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Rhode Island Distributing Company, LLC reported $225,611 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $1,810 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 0.17% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 37th-largest of 286 plans among Rhode Island employers on file, and the 342nd of 4,246 in wholesale trade. In 2024, employees put in $3.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$129,980,113
Participants with balances1,088
Active participants793
Employer contributions$1,435,677
Employee contributions$5,301,251
Employer contribution per active participant$1,810
Average account balance$119,467
Benefits paid to participants$13,462,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.0M · 1,088 accts · $1.4M emplr
2023$119.3M · 1,127 accts · $1.3M emplr
2022$94.3M · 1,047 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,611
Total administrative$225,611
The Rhode Island Distributing Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,810
Median for plans this size$3,635
2024$1,810 per active participant
2023$1,631 per active participant
2022$1,628 per active participant

Rhode Island Distributing Company, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$225,610
MORGAN STANLEY FBO ADVISORY FEE BIL · Investment advisory (plan)indirect comp

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$225,611 · 0.18%
2023$189,721 · 0.18%
2022$175,797 · 0.17%
Same employer
Similar plansWholesale Trade · Rhode Island
United Natural Foods, Inc RI$2.8B · 0.05%
Copart, Inc. TX$131.4M · 0.50%
Goldstein Group, Inc. MO$131.0M · 0.19%
Parr Lumber Company OR$130.2M · 0.19%
Puma North America, Inc. MA$129.6M · 0.16%
The Odom Corporation WA$126.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260266853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.