Plan Ledger DOL Form 5500 · updated monthly

Rl Canning Inc.401(k)

RL CANNING INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Rl Canning Inc. reported $38,688 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,277 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 0.35% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (1,950th of 3,702), and 6,430th of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,639,180
Participants with balances202
Active participants201
Employer contributions$457,767
Employee contributions$1,168,880
Employer contribution per active participant$2,277
Average account balance$77,422
Benefits paid to participants$2,206,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 202 accts · $458K emplr
2023$14.3M · 207 accts · $450K emplr
2022$11.3M · 215 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,688
Total administrative$38,688
The Rl Canning Inc. 401(k) match · 2024
Employer contribution per active participant$2,277
Median for plans this size$2,416
2024$2,277 per active participant
2023$2,433 per active participant
2022$2,494 per active participant

Rl Canning Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,688

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$38,688 · 0.26%
2023$39,168 · 0.31%
2022$43,995 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Illinois
The Sedona Group, LTD. IL$17.2M · 0.45%
Mediafly, Inc. IL$16.5M · 0.02%
Lauterbach & Amen, LLP IL$15.8M · 0.04%
Deep Silver Volition, LLC IL$15.6M · 0.71%
Clarity Partners, LLC IL$15.6M · 0.59%
Uncomn, LLC IL$15.3M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364330185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.