Plan Ledger DOL Form 5500 · updated monthly

Rks Plumbing and Mechanical, Inc.401(k)

RKS PLUMBING AND MECHANICAL, INC. PROFIT SHARING PLAN · GLENDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.06%

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

Rks Plumbing and Mechanical, Inc. reported $53,173 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,923 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 1.27% to 1.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (804th of 1,285), and 3,900th of 5,337 in construction. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,390,553
Participants with balances181
Active participants130
Employer contributions$250,000
Employee contributions$317,196
Employer contribution per active participant$1,923
Average account balance$29,782
Benefits paid to participants$178,666
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN MOFFITT BEHM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 181 accts · $250K emplr
2023$4.6M · 162 accts
2022$3.9M · 174 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,155
Investment management$30,018
Total administrative$53,173
The Rks Plumbing and Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$1,923
Median for plans this size$1,313

Rks Plumbing and Mechanical, 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 · 20242
SAGEVIEW ADVISORY GROUP · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$53,173 · 1.06%
2023$49,223 · 1.15%
2022$54,957 · 1.27%
Same employer
Similar plansConstruction · Arizona
Interiorworx, LLC AZ$6.0M · 0.00%
Ricor, Inc. AZ$5.9M · 0.02%
B&F Contracting, Inc. AZ$5.3M · 1.23%
Mfrg-Icon Construction AZ$5.3M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860670235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.