Plan Ledger DOL Form 5500 · updated monthly

Rsci, Inc. dba Record Steel & Construction, Inc.401(k)

RSCI, INC. RETIREMENT PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Rsci, Inc. dba Record Steel & Construction, Inc. reported $133,453 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,447 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 0.90% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 131st-largest of 349 plans among Idaho employers on file, and the 2,544th of 5,337 in construction. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,295,944
Participants with balances255
Active participants201
Employer contributions$1,295,932
Employee contributions$1,171,343
Employer contribution per active participant$6,447
Average account balance$56,063
Benefits paid to participants$3,452,721
Plan auditUnmodified (clean) audit opinion
AuditorLEAVITT CHRISTENSEN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 255 accts · $1.3M emplr
2023$13.6M · 353 accts · $1.5M emplr
2022$11.7M · 342 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,921
Investment management$55,743
Audit (IQPA)$10,100
Total administrative$133,453
The Rsci, Inc. dba Record Steel & Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$6,447
Median for plans this size$2,416
2024$6,447 per active participant
2023$6,420 per active participant
2022$9,151 per active participant

Rsci, Inc. dba Record Steel & Construction, Inc.'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 · 20246
ASCENT RETIREMENT ADVISORS · Investment advisory (plan)$48,378
PINNACLE PENSION SERVICES · Contract administrator$15,047
BENEFITS2 ADMINISTRATORS LLC · Contract administrator$13,989
LEAVITT CHRISTENSEN & CO PLLC · Accounting / audit$10,100
EMPOWER ADVISORY GROUP, LLC · Investment management$7,364

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$133,453 · 0.96%
2023$122,014 · 0.97%
2022$116,006 · 0.90%
Same employer
Similar plansConstruction · Idaho
Ruen Drilling, Inc. ID$20.7M · 0.04%
Hansen-Rice Inc. ID$14.5M · 0.01%
Corey Barton Homes, Inc. ID$9.3M · 0.06%
Aci Northwest, Inc. ID$8.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820421355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.