Plan Ledger DOL Form 5500 · updated monthly

Ridewell Corporation401(k)

RIDEWELL CORPORATION 401K PLAN · SPRINGFIELD, MO · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Ridewell Corporation reported $47,849 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,553 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 0.253%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 570th-largest of 1,393 plans among Missouri employers on file, and the 5,645th of 13,661 in manufacturing. In 2023, the employer put in $1.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,550,172
Participants with balances222
Active participants182
Employer contributions$1,192,727
Employee contributions$704,866
Employer contribution per active participant$6,553
Average account balance$97,073
Benefits paid to participants$1,156,940
Plan auditUnmodified (clean) audit opinion
AuditorTHE WHITLOCK COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 183 accts · $998K emplr
2023$21.6M · 222 accts · $1.2M emplr
2022$18.0M · 206 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,849
Total administrative$47,849
The Ridewell Corporation 401(k) match · 2023
Employer contribution per active participant$6,553
Median for plans this size$2,440
2024$6,317 per active participant
2023$6,553 per active participant
2022$6,509 per active participant

Ridewell Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$54,583 · 0.25%
2023$47,849 · 0.24%
2022$48,721 · 0.25%
Similar plansManufacturing · Missouri
Vsm Abrasives Corporation MO$21.9M · 0.07%
American Plastics, LLC MO$21.9M · 1.49%
Sinclair and Rush, Inc. MO$21.8M · 0.46%
Aspeq Heating Group LLC MO$21.4M · 0.50%
Aspen Products, Inc. MO$21.4M · 0.87%
Moly-Cop USA LLC MO$21.1M · 0.36%
Vance Brothers, Inc. MO$21.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430892699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.