Plan Ledger DOL Form 5500 · updated monthly

Royal Oak Enterprises401(k)

ROYAL OAK ENTERPRISES 401(K) RETIREMENT PLAN · ROSWELL, GA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Royal Oak Enterprises reported $80,843 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,281 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 0.23% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 686th-largest of 2,160 plans among Georgia employers on file, and the 4,598th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 749 to 665 since 2022.

Plan summary
Net assets, end of year$28,998,142
Participants with balances335
Active participants665
Employer contributions$851,608
Employee contributions$1,426,011
Employer contribution per active participant$1,281
Average account balance$86,562
Benefits paid to participants$1,795,552
Plan auditUnmodified (clean) audit opinion
AuditorMORISON COGEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 335 accts · $852K emplr
2023$25.8M · 375 accts · $728K emplr
2022$24.9M · 351 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,495
Investment management$40,348
Total administrative$80,843
The Royal Oak Enterprises 401(k) match · 2024
Employer contribution per active participant$1,281
Median for plans this size$2,416
2024$1,281 per active participant
2023$1,096 per active participant
2022$1,049 per active participant

Royal Oak Enterprises's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$40,348

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$80,843 · 0.29%
2023$79,300 · 0.31%
2022$62,942 · 0.23%
Same employer
Similar plansManufacturing · Georgia
Tn Americas Holdings Inc. GA$29.4M · 0.44%
Momar Incorporated GA$29.3M · 0.81%
East West Manufacturing LLC GA$29.3M · 0.48%
Mikart, LLC GA$29.1M · 0.43%
Vecima Technology Inc. GA$28.6M · 0.11%
Anci, Inc. GA$27.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582496832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.