Plan Ledger DOL Form 5500 · updated monthly

Royell Manufacturing, Inc.401(k)

ROYELL MANUFACTURING, INC. 401(K) PLAN · EVERETT, WA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Royell Manufacturing, Inc. reported $6,476 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $888 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 fell from 0.09% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,111th of 1,714), and 9,093rd of 13,661 in manufacturing. In 2023, employees put in $5.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,313,846
Participants with balances105
Active participants87
Employer contributions$77,272
Employee contributions$414,856
Employer contribution per active participant$888
Average account balance$88,703
Benefits paid to participants$213,513
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 97 accts · $82K emplr
2023$9.3M · 105 accts · $77K emplr
2022$8.0M · 105 accts · $77K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,657
Investment management$4,819
Total administrative$6,476
The Royell Manufacturing, Inc. 401(k) match · 2023
Employer contribution per active participant$888
Median for plans this size$1,308
2024$801 per active participant
2023$888 per active participant
2022$954 per active participant

Royell Manufacturing, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SENTRY LIFE INSURANCE COMPANY$1,657

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$5,621 · 0.06%
2023$6,476 · 0.07%
2022$6,705 · 0.09%
Same employer
Similar plansManufacturing · Washington
Technical Services, Inc. WA$9.6M · 0.33%
Omada International, LLC WA$9.4M · 0.69%
Magnix USA, Inc. WA$9.4M · 0.03%
Loud Audio, LLC WA$9.2M · 0.63%
Blaser Die Casting Co. WA$9.1M · 0.50%
Controltek, Inc. WA$9.1M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911114483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.