Plan Ledger DOL Form 5500 · updated monthly

Riffle Machine Works401(k)

RIFFLE MACHINE WORKS 401(K) PLAN · CHILLICOTHE, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Riffle Machine Works reported $4,195 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $194 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 1.42% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (3,085th of 3,295), and 2,206th of 2,677 in transportation & warehousing. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 185 to 323 since 2022.

Plan summary
Net assets, end of year$1,499,856
Participants with balances218
Active participants323
Employer contributions$62,550
Employee contributions$154,034
Employer contribution per active participant$194
Average account balance$6,880
Benefits paid to participants$148,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 218 accts · $63K emplr
2023$1.3M · 221 accts · $68K emplr
2022$933K · 228 accts · $75K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,647
Investment management$2,548
Total administrative$4,195
The Riffle Machine Works 401(k) match · 2024
Employer contribution per active participant$194
Median for plans this size$1,313
2024$194 per active participant
2023$223 per active participant
2022$404 per active participant

Riffle Machine Works's 2024 employer contribution ran below the $1,313 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping$1,647
WELLS FARGO ADVISORS. · Investment advisory (plan)$2,548

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$4,195 · 0.30%
2023$6,271 · 0.57%
2022$13,459 · 1.42%
Same employer
Similar plansTransportation & Warehousing · Ohio
Armada Waste Oh, LLC OH$1.8M · 1.50%
Bolt Holdings, LLC OH$1.6M · 0.63%
Big Blue Trucking, Inc. OH$1.4M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341848737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.