Plan Ledger DOL Form 5500 · updated monthly

Rki, Inc.401(k)

RKI, INC. EMPLOYEES' PROFIT SHARING & 401(K) PLAN · MENTOR, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Rki, Inc. reported $23,410 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,446 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 0.08% to 0.26%. 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 Ohio (2,043rd of 3,295), and 9,055th of 13,661 in manufacturing. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,402,946
Participants with balances80
Active participants76
Employer contributions$109,921
Employee contributions$404,835
Employer contribution per active participant$1,446
Average account balance$117,537
Benefits paid to participants$1,243,050
Plan auditUnmodified (clean) audit opinion
AuditorBSB PARTNERS CPAS&BUSINESS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 80 accts · $110K emplr
2023$8.9M · 110 accts · $105K emplr
2022$8.8M · 105 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,659
Total administrative$23,410
The Rki, Inc. 401(k) match · 2024
Employer contribution per active participant$1,446
Median for plans this size$1,313
2024$1,446 per active participant
2023$1,403 per active participant
2022$1,230 per active participant

Rki, 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
CBIZ BENEFITS AND INSURANCE SERVICE · 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$23,410 · 0.26%
2023$13,883 · 0.16%
2022$7,763 · 0.08%
Similar plansManufacturing · Ohio
Dimex, LLC OH$9.4M · 0.41%
Imco Carbide Tools, Inc. OH$9.4M · 0.43%
Exhibit Concepts, Inc. OH$9.4M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341899421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.