Plan Ledger DOL Form 5500 · updated monthly

Richland Glass Company, Inc.401(k)

RICHLAND GLASS CO., INC. 401(K) PROFIT SHARING PLAN · VINELAND, NJ · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Richland Glass Company, Inc. reported $58,446 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,217 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 New Jersey (1,541st of 2,419), and 8,968th of 13,661 in manufacturing. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,625,846
Participants with balances83
Active participants98
Employer contributions$217,293
Employee contributions$390,922
Employer contribution per active participant$2,217
Average account balance$115,974
Benefits paid to participants$357,025
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$58,446
Total administrative$58,446
The Richland Glass Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,217
Median for plans this size$2,266

Richland Glass Company, Inc.'s 2022 employer contribution ran below 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 history1
2022$58,446 · 0.56%
Similar plansManufacturing · New Jersey
R & D Altanova NJ$9.8M · 0.07%
Beacon Converters, Inc. NJ$9.7M · 0.53%
Takara Belmont USA, Inc. NJ$9.7M · 0.34%
Ics Corporation NJ$9.7M · 0.61%
Troemner, LLC NJ$9.5M · 0.53%
Custom Alloy Corporation NJ$9.3M · 0.55%
The Vmc Group NJ$9.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210721833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.