Plan Ledger DOL Form 5500 · updated monthly

Rimports Inc.401(k)

RIMPORTS INC. 401(K) PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Rimports Inc. reported $2,145 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,568 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 0.05% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (578th of 848), and 10,792nd of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 215 to 190 since 2022.

Plan summary
Net assets, end of year$5,809,679
Participants with balances142
Active participants190
Employer contributions$297,900
Employee contributions$617,307
Employer contribution per active participant$1,568
Average account balance$40,913
Benefits paid to participants$488,801
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 142 accts · $298K emplr
2023$4.6M · 141 accts · $289K emplr
2022$3.0M · 127 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,145
Total administrative$2,145
The Rimports Inc. 401(k) match · 2024
Employer contribution per active participant$1,568
Median for plans this size$1,313
2024$1,568 per active participant
2023$1,245 per active participant
2022$1,469 per active participant

Rimports Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$3,285

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,145 · 0.04%
2023$1,740 · 0.05%
2022$1,611 · 0.05%
Similar plansManufacturing · Utah
Great Basin Industrial UT$6.7M · 1.44%
Co-Diagnostics, Inc. UT$6.5M · 0.01%
Csb Nutrition Corporation UT$6.4M · 0.82%
Snugz USA UT$6.0M · 0.81%
Star Cases, LLC UT$5.5M · 0.82%
S & S Worldwide Inc UT$5.5M · 0.81%
Mfoc Holdco, Inc. UT$5.4M · 0.71%
Sarcos Corp UT$4.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202141741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.