Plan Ledger DOL Form 5500 · updated monthly

Rtdcorp Inc.401(k)

RICHARD TOOL & DIE CORPORATION 401(K) PLAN · BELLEVILLE, MI · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Rtdcorp Inc. reported $66,122 in plan administrative expenses for 2023: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $965 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,377th of 2,619), and 7,893rd of 13,661 in manufacturing. In 2023, employees put in $4.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,442,958
Participants with balances126
Active participants103
Employer contributions$99,396
Employee contributions$461,952
Employer contribution per active participant$965
Average account balance$98,754
Benefits paid to participants$1,908,787
Plan auditUnmodified (clean) audit opinion
AuditorJANZ & KNIGHT PLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 132 accts · $92K emplr
2023$12.4M · 126 accts · $99K emplr
2022$12.0M · 136 accts · $111K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,339
Investment management$51,783
Total administrative$66,122
The Rtdcorp Inc. 401(k) match · 2023
Employer contribution per active participant$965
Median for plans this size$2,440
2024$944 per active participant
2023$965 per active participant
2022$1,081 per active participant

Rtdcorp Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MILLIMAN, INC. · Recordkeeping · Loan processing$14,884
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$51,783
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,297 · 0.54%
2023$66,122 · 0.54%
2022$76,209 · 0.52%
Similar plansManufacturing · Michigan
Backyard Services, LLC MI$12.8M · 0.50%
Gns North America, Inc. MI$12.7M · 0.62%
Suspa, Incorporated MI$12.7M · 0.02%
Display Pack, Inc. MI$12.3M · 0.46%
Active Manufacturing, Corp. MI$12.2M · 0.47%
McNaughton & Gunn, Inc. MI$12.2M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810905854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.