Plan Ledger DOL Form 5500 · updated monthly

Ronile, Inc.401(k)

RONILE, INC. AND SUBSIDIARIES SAVINGS AND RETIREMENT PLAN · ROCKY MOUNT, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

Ronile, Inc. reported $41,634 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. 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 0.28% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,573rd of 2,266), and 9,535th of 13,661 in manufacturing. active participation has shrunk from 108 to 61 since 2022.

Plan summary
Net assets, end of year$8,321,489
Participants with balances159
Active participants61
Employer contributions—
Employee contributions$172,230
Employer contribution per active participant—
Average account balance$52,336
Benefits paid to participants$698,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 159 accts
2023$8.0M · 203 accts
2022$7.7M · 217 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,626
Investment management$20,008
Total administrative$41,634
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 · 20244
ADP, INC. · Loan processing · Recordkeeping$21,625
MILLENNIUM INVESTMENT & RETIRMENT A · Recordkeeping · Pension consulting$12,008
SMITH LEONARD PLLC · Recordkeeping · Pension consulting$8,000
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MILLENNIUM INVESTMENT & RETIRMENT A, SMITH LEONARD PLLC
2023ADP, MILLENNIUM INVESTMENT & RETIRMENT A, SMITH LEONARD PLLC

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Administrative cost history3
2024$41,634 · 0.51%
2023$43,068 · 0.55%
2022$24,893 · 0.28%
Similar plansManufacturing · Virginia
Foot Levelers, Inc. VA$8.6M · 0.01%
Lyon Shipyard, Inc. VA$8.3M · 0.83%
Epl America, LLC VA$8.2M · 0.37%
Conmat Group, Inc. VA$8.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541293739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.