Plan Ledger DOL Form 5500 · updated monthly

Rudd Equipment Company, Inc.401(k)

RUDD EQUIPMENT CO INC RESTATED EMPLOYEES PROFIT SHARING PLAN AND TRUST · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Rudd Equipment Company, Inc. reported $67,201 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,500 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 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 124th-largest of 871 plans among Kentucky employers on file, and the 664th of 4,246 in wholesale trade. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$62,294,928
Participants with balances343
Active participants267
Employer contributions$2,002,406
Employee contributions$1,983,080
Employer contribution per active participant$7,500
Average account balance$181,618
Benefits paid to participants$9,783,067
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.3M · 343 accts · $2.0M emplr
2023$60.8M · 363 accts · $1.6M emplr
2022$50.8M · 358 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,687
Investment management$30,514
Total administrative$67,201
The Rudd Equipment Company, Inc. 401(k) match · 2024
Employer contribution per active participant$7,500
Median for plans this size$3,635
2024$7,500 per active participant
2023$6,371 per active participant
2022$5,300 per active participant

Rudd Equipment Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$36,687
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$30,514

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$67,201 · 0.11%
2023$65,764 · 0.12%
2022$48,416 · 0.09%
Same employer
Similar plansWholesale Trade · Kentucky
Tempur-Pedic Management, LLC KY$328.1M · 0.06%
Boyd Company KY$204.4M · 0.18%
Bramco Inc. KY$97.5M · 0.16%
Isco Industries, Inc. KY$90.6M · 0.16%
Castellini Company LLC KY$53.2M · 0.51%
Hutson Inc. KY$50.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610445955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.