Plan Ledger DOL Form 5500 · updated monthly

Richardson Industries, Inc.401(k)

RICHARDSON INDUSTRIES, INC. 401(K) PLAN · SHEBOYGAN FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Richardson Industries, Inc. reported $16,658 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $725 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 fell from 0.10% to 0.05%. 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 899th-largest of 1,936 plans among Wisconsin employers on file, and the 1,538th of 5,215 in retail trade. In 2024, employees put in $4.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,965,860
Participants with balances202
Active participants180
Employer contributions$130,557
Employee contributions$599,659
Employer contribution per active participant$725
Average account balance$93,890
Benefits paid to participants$2,413,227
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$18.8M · 213 accts · $132K emplr
2024$19.0M · 202 accts · $131K emplr
2023$18.1M · 210 accts · $129K emplr
2022$15.5M · 216 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,050
Investment management$3,047
Audit (IQPA)$6,911
Total administrative$16,658
The Richardson Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$725
Median for plans this size$2,416
2025$664 per active participant
2024$725 per active participant
2023$743 per active participant
2022$739 per active participant

Richardson Industries, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
RICHARDSON INDUSTRIES$7,500
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,332
KESTRA INVESTMENT SERVICESindirect comp
INTEGRITY RETIREMENT PLAN SERVICES · Other servicesindirect comp

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

Administrative cost history4
2025$10,298 · 0.05%
2024$16,658 · 0.09%
2023$15,193 · 0.09%
2022$17,080 · 0.10%
Same employer
Similar plansRetail Trade · Wisconsin
Leadcar Systems, Inc. WI$19.1M · 0.38%
Full Compass Systems, LTD. WI$19.0M · 0.58%
Griffin Ford, Inc. WI$18.0M · 0.39%
Kocourek Chevrolet, Inc. WI$17.4M · 0.50%
Fox Brothers Piggly Wiggly WI$17.0M · 0.02%
Stein Garden Centers, Inc. WI$16.8M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390760981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.