Plan Ledger DOL Form 5500 · updated monthly

Rinnai America Corporation401(k)

RINNAI AMERICA CORPORATION 401(K) PLAN · PEACHTREE CITY, GA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Rinnai America Corporation reported $126,709 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,294 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 rose from 0.25% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 591st-largest of 2,160 plans among Georgia employers on file, and the 1,126th of 4,246 in wholesale trade. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has shrunk from 743 to 519 since 2022.

Plan summary
Net assets, end of year$36,431,615
Participants with balances591
Active participants519
Employer contributions$1,709,336
Employee contributions$4,046,915
Employer contribution per active participant$3,294
Average account balance$61,644
Benefits paid to participants$3,729,726
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 591 accts · $1.7M emplr
2023$29.6M · 594 accts · $1.5M emplr
2022$25.6M · 830 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,709
Total administrative$126,709
The Rinnai America Corporation 401(k) match · 2024
Employer contribution per active participant$3,294
Median for plans this size$2,416
2024$3,294 per active participant
2023$2,576 per active participant
2022$2,006 per active participant

Rinnai America Corporation's 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$126,709
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)indirect comp
ERISA SERVICES INC · Other servicesindirect comp

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$126,709 · 0.38%
2023$126,417 · 0.46%
2022$68,680 · 0.25%
Same employer
Similar plansWholesale Trade · Georgia
N.A. Williams Co. Inc. GA$44.0M · 0.19%
Mizuno USA, Inc. GA$44.0M · 0.35%
Crs, Inc. GA$41.1M · 1.25%
Milner, Inc. GA$37.2M · 0.40%
Ingenico, Inc. GA$35.9M · 0.25%
Unipro Foodservice, Inc. GA$35.3M · 0.17%
Deutz Corporation GA$34.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952915596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.