Plan Ledger DOL Form 5500 · updated monthly

Road Machinery401(k)

THE ROAD MACHINERY LLC EMPLOYEE THRIFT PENSION PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Road Machinery reported $46,585 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,119 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 has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 421st-largest of 1,285 plans among Arizona employers on file, and 2,225th of 4,246 in wholesale trade. In 2023, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,415,724
Participants with balances315
Active participants185
Employer contributions$762,078
Employee contributions$1,288,522
Employer contribution per active participant$4,119
Average account balance$52,113
Benefits paid to participants$2,600,788
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$16.4M · 315 accts · $762K emplr
2022$14.6M · 299 accts · $669K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,585
Investment management$20,000
Total administrative$46,585
The Road Machinery 401(k) match · 2023
Employer contribution per active participant$4,119
Median for plans this size$2,440
2023$4,119 per active participant
2022$3,232 per active participant

Road Machinery's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,585
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (plan)$10,000
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$10,000

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

Administrative cost history2
2023$46,585 · 0.30%
2022$45,895 · 0.29%
Similar plansWholesale Trade · Arizona
Davidson's, Inc. AZ$18.2M · 0.06%
Core Machinery AZ$16.7M · 0.30%
Antigua Group, Inc. AZ$13.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202443808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.