Ritchie Bros. Auctioneers America, Inc401(k)
RITCHIE BROS. AUCTIONEERS AMERICA, INC. CASH OR DEFERRED 401(K) PLAN · LINCOLN, NE · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Ritchie Bros. Auctioneers America, Inc reported $233,125 in plan administrative expenses for 2022: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,064 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 1 year on file its reported administrative ratio rose from 0.22% to 0.67%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 62nd-largest of 565 plans among Nebraska employers on file, and the 401st of 4,246 in wholesale trade. In 2022, employees put in $2.79 for every $1.00 the employer contributed.
Ritchie Bros. Auctioneers America, Inc's 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 911830835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.