Plan Ledger DOL Form 5500 · updated monthly

Rlc Engineering, LLC401(k)

RLC ENGINEERING 401(K) PROFIT SHARING PLAN · HALLOWELL, ME · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Rlc Engineering, LLC reported $55,506 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,175 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.

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 the 169th-largest of 354 plans among Maine employers on file, and 6,244th of 11,654 in professional & technical services. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,483,952
Participants with balances149
Active participants155
Employer contributions$492,133
Employee contributions$1,292,177
Employer contribution per active participant$3,175
Average account balance$110,631
Benefits paid to participants$852,966
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,773
Investment management$30,733
Total administrative$55,506
The Rlc Engineering, LLC 401(k) match · 2024
Employer contribution per active participant$3,175
Median for plans this size$2,416

Rlc Engineering, LLC'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 · 20242
BPAS · Recordkeeping · Trustee$24,773
VALMARK ADVISORS, INC. · Investment advisory (plan) · Investment management$30,733

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

Administrative cost history1
2024$55,506 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Maine
Smrt, Inc. ME$31.6M · 0.01%
Eaton Peabody, PA ME$27.3M · 0.04%
S.W. Cole Engineering, Inc. ME$14.2M · 0.35%
Veritas Prime ME$9.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205648923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.