Plan Ledger DOL Form 5500 · updated monthly

Riesbeck Food Markets Inc401(k)

RIESBECK FOOD MARKETS, INC. PROFIT SHARING 401(K) PLAN · ST. CLAIRSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Riesbeck Food Markets Inc reported $21,595 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $137 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 fell from 0.14% to 0.13%. 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 1,473rd-largest of 3,295 plans among Ohio employers on file, and the 1,697th of 5,215 in retail trade. In 2024, employees put in $5.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,213,761
Participants with balances446
Active participants696
Employer contributions$95,472
Employee contributions$491,803
Employer contribution per active participant$137
Average account balance$38,596
Benefits paid to participants$2,381,317
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 446 accts · $95K emplr
2023$16.5M · 538 accts · $100K emplr
2022$14.4M · 572 accts · $99K emplr
Administrative expenses, itemized · 2024
Investment management$4,847
Trustee / custodial$16,748
Total administrative$21,595
The Riesbeck Food Markets Inc 401(k) match · 2024
Employer contribution per active participant$137
Median for plans this size$2,416
2024$137 per active participant
2023$133 per active participant
2022$142 per active participant

Riesbeck Food Markets 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 · 20243
WESBANCO BANK INC · Trustee (directed)$16,748
EMPOWER ADVISORY GROUP, LLC · Investment management$4,847

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$21,595 · 0.13%
2023$19,522 · 0.13%
2022$22,602 · 0.14%
All plans at this employer2
RIESBECK FOOD MARKETS INC EMPLOYEE STOCK OWNERSHIP PLANESOP
RIESBECK FOOD MARKETS, INC. PROFIT SHARING 401(K) PLAN401(k)
Same employer
Similar plansRetail Trade · Ohio
Fresh Encounter, Inc. OH$18.3M · 0.22%
Universal Screen Arts, Inc. OH$17.7M · 0.13%
Beechmont Investments, Inc. OH$17.5M · 0.84%
Ecs Tuning, LLC OH$16.8M · 0.19%
Blue Technologies, Inc. OH$16.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340490620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.