Plan Ledger DOL Form 5500 · updated monthly

Rms Energy Co. LLC401(k)

RMS ENERGY CO. LLC 401(K) RETIREMENT PLAN · LITTLE FALLS, MN · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Rms Energy Co. LLC reported $57,416 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,519 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 fell from 1.18% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Minnesota (1,395th of 1,918), and 342nd of 412 in utilities. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,295,464
Participants with balances349
Active participants309
Employer contributions$1,087,404
Employee contributions$1,554,300
Employer contribution per active participant$3,519
Average account balance$23,769
Benefits paid to participants$523,766
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.3M · 349 accts · $1.1M emplr
2023$3.1M · 233 accts · $730K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,550
Investment management$27,054
Trustee / custodial$812
Total administrative$57,416
The Rms Energy Co. LLC 401(k) match · 2024
Employer contribution per active participant$3,519
Median for plans this size$1,313
2024$3,519 per active participant
2023$3,765 per active participant

Rms Energy Co. LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$29,550
PRIVATE ADVISOR GROUP · Investment advisory (plan)$24,595
MID ATLANTIC TRUST COMPANY · Custodial (securities) · Securities brokerage$812

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

Recordkeeper by year2
2024Ameritas
2023AVANTAX RETIREMENT PLAN SERVICES

This plan has changed recordkeepers within these filings. If you left Rms Energy Co. LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$57,416 · 1.01%
2023$25,305 · 1.18%
Same employer
Similar plansUtilities · Minnesota
Ever Green Energy, Inc. MN$32.7M · 0.19%
Lakes Gas Co. MN$13.5M · 0.11%
All Energy Solar, Inc. MN$7.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461402221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.