Plan Ledger DOL Form 5500 · updated monthly

Royal Neighbors of America401(k)

ROYAL NEIGHBORS OF AMERICA 401(K) RETIREMENT PLAN · ROCK ISLAND, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Royal Neighbors of America reported $65,305 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $7,050 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 0.15% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,209th-largest of 3,702 plans among Illinois employers on file, and the 2,214th of 4,798 in finance & insurance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,266,490
Participants with balances212
Active participants155
Employer contributions$1,092,759
Employee contributions$1,124,878
Employer contribution per active participant$7,050
Average account balance$161,634
Benefits paid to participants$1,474,683
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 212 accts · $1.1M emplr
2023$29.7M · 207 accts · $908K emplr
2022$24.7M · 198 accts · $881K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,305
Total administrative$65,305
The Royal Neighbors of America 401(k) match · 2024
Employer contribution per active participant$7,050
Median for plans this size$2,416
2024$7,050 per active participant
2023$6,092 per active participant
2022$6,036 per active participant

Royal Neighbors of America's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,308
CAPFINANCIAL PARTNERS, LLC · Consultingindirect comp
PRINCIPAL SECURITIES, INC. · Investment advisory (participants)indirect comp

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$65,305 · 0.20%
2023$53,999 · 0.20%
2022$40,940 · 0.15%
Same employer
Similar plansFinance & Insurance · Illinois
Blackhawk Bank & Trust IL$35.4M · 0.25%
Old Second National Bank IL$34.4M · 0.71%
Allied Benefit Systems, LLC IL$33.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361711198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.