Plan Ledger DOL Form 5500 · updated monthly

Rico Industries, Inc.401(k)

RICO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · SKOKIE, IL · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Rico Industries, Inc. reported $29,296 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,186 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (3,032nd of 3,702), and 3,726th of 4,246 in wholesale trade. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,376,901
Participants with balances94
Active participants109
Employer contributions$129,302
Employee contributions$231,303
Employer contribution per active participant$1,186
Average account balance$46,563
Benefits paid to participants$254,353
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS,INC.
The Rico Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$1,186
Median for plans this size$1,114

Rico Industries, Inc.'s 2022 employer contribution ran above the $1,114 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$29,296 · 0.61%
Similar plansWholesale Trade · Illinois
Jit Packaging LLC IL$5.2M · 0.68%
Nep Electronics, Inc. IL$4.7M · 0.57%
Atomic Brands Inc IL$4.4M · 0.51%
Suzohapp Americas LLC IL$4.3M · 0.06%
Power Stop LLC IL$4.1M · 0.48%
Geib Industries, Inc. IL$3.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362014879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.