ROYAL ENGINEERED COMPOSITES, INC. RETIREMENT PLAN · MINDEN, NE · plan year 2024
Reported admin expense ratio · 2024
0.79%
Royal Engineered Composites, Inc. reported $56,357 in plan administrative expenses for 2024: 0.79% of average plan assets, above 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 0.72% to 0.79%. 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 Nebraska (413th of 565), and 9,936th of 13,661 in manufacturing. active participation has shrunk from 184 to 151 since 2022.
Plan summary
Net assets, end of year$7,424,824
Participants with balances160
Active participants151
Employer contributions—
Employee contributions$530,029
Employer contribution per active participant—
Average account balance$46,405
Benefits paid to participants$749,385
Plan auditUnmodified (clean) audit opinion
AuditorDANA F. COLE & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 160 accts
2023$6.8M · 200 accts
2022$5.4M · 224 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,257
Investment management$18,950
Audit (IQPA)$8,150
Total administrative$56,357
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 470815003 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.