Plan Ledger DOL Form 5500 · updated monthly

Rudolph Foods Company, Inc.401(k)

RUDOLPH FOODS COMPANY, INC. 401(K) RETIREMENT PLAN · LIMA, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Rudolph Foods Company, Inc. reported $166,348 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,220 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 0.51% to 0.44%. 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 762nd-largest of 3,295 plans among Ohio employers on file, and the 3,623rd of 13,661 in manufacturing. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 598 to 824 since 2022.

Plan summary
Net assets, end of year$40,814,058
Participants with balances731
Active participants824
Employer contributions$1,005,546
Employee contributions$2,963,787
Employer contribution per active participant$1,220
Average account balance$55,833
Benefits paid to participants$2,800,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.8M · 731 accts · $1.0M emplr
2023$35.0M · 745 accts · $921K emplr
2022$30.9M · 660 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,007
Investment management$65,400
Total administrative$166,348
The Rudolph Foods Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$2,416
2024$1,220 per active participant
2023$1,346 per active participant
2022$1,627 per active participant

Rudolph Foods Company, Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,814
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$52,863
ASPIRIANT LLC · Consulting$19,941
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,536

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$166,348 · 0.44%
2023$158,457 · 0.48%
2022$169,536 · 0.51%
Same employer
Similar plansManufacturing · Ohio
Smithers-Oasis Company OH$42.1M · 0.09%
Norman Noble, Inc. OH$42.0M · 0.31%
Rocky Brands, Inc. OH$40.9M · 0.21%
Storopack, Inc. OH$39.9M · 0.34%
National Machine Company OH$39.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341563471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.