Plan Ledger DOL Form 5500 · updated monthly

Runtal North America, Inc401(k)

RUNTAL NORTH AMERICA, INC. 401(K) PLAN · WARD HILL, MA · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Runtal North America, Inc reported $3,681 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $127 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 0.02% to 0.59%. 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 Massachusetts (2,141st of 2,726), and 10,114th of 13,661 in manufacturing. In 2023, employees put in $35.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,097,403
Participants with balances112
Active participants107
Employer contributions$13,581
Employee contributions$479,040
Employer contribution per active participant$127
Average account balance$63,370
Benefits paid to participants$628,042
Plan auditUnmodified (clean) audit opinion
AuditorKING MCNAMARA MORIARTY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 116 accts · $251K emplr
2023$7.1M · 112 accts · $14K emplr
2022$6.1M · 115 accts · $241K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,681
Total administrative$3,681
The Runtal North America, Inc 401(k) match · 2023
Employer contribution per active participant$127
Median for plans this size$1,308
2024$2,532 per active participant
2023$127 per active participant
2022$2,191 per active participant

Runtal North America, Inc's 2023 employer contribution ran below the $1,308 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 · 20232
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$15,392
NBT BANK NA DBA THIRD PARTY ADMINIS · Contract administrator$3,675

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$38,682 · 0.59%
2023$3,681 · 0.06%
2022$1,530 · 0.02%
Same employer
Similar plansManufacturing · Massachusetts
Mini-Systems, Inc. MA$7.3M · 0.54%
Fire Equipment, Inc. MA$7.1M · 0.03%
Btl Industries, Inc. MA$6.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020354244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.