Plan Ledger DOL Form 5500 · updated monthly

Rockingham Cooperative Farm Bureau, Inc.401(k)

ROCKINGHAM COOPERATIVE 401(K) PLAN · DAYTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Rockingham Cooperative Farm Bureau, Inc. reported $84,032 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,662 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 rose from 0.13% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 982nd-largest of 2,266 plans among Virginia employers on file, and the 1,437th of 5,215 in retail trade. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,290,726
Participants with balances339
Active participants306
Employer contributions$508,627
Employee contributions$787,189
Employer contribution per active participant$1,662
Average account balance$59,855
Benefits paid to participants$2,350,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 339 accts · $509K emplr
2023$18.9M · 345 accts · $493K emplr
2022$16.2M · 324 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,987
Investment management$32,045
Total administrative$84,032
The Rockingham Cooperative Farm Bureau, Inc. 401(k) match · 2024
Employer contribution per active participant$1,662
Median for plans this size$2,416
2024$1,662 per active participant
2023$1,574 per active participant
2022$1,561 per active participant

Rockingham Cooperative Farm Bureau, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,602
EMPOWER ADVISORY GROUP, LLC · Investment management$6,443

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$84,032 · 0.43%
2023$37,442 · 0.21%
2022$23,684 · 0.13%
Same employer
Similar plansRetail Trade · Virginia
Brown Automotive Group LTD VA$22.2M · 0.54%
Merrifield Garden Center VA$21.6M · 0.27%
Pohanka of Salisbury, Inc. VA$20.7M · 0.51%
Don Beyer Motors, Inc. VA$20.1M · 0.49%
Fink's Jewelers, Inc. VA$19.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540361980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.