Plan Ledger DOL Form 5500 · updated monthly

Rural Comm Holding Corp, Inc.401(k)

BEVCOMM SALARY SAVINGS PLAN · BLUE EARTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Rural Comm Holding Corp, Inc. reported $66,635 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,811 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 0.35% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 858th-largest of 1,918 plans among Minnesota employers on file, and the 984th of 2,199 in information & media. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,586,166
Participants with balances136
Active participants120
Employer contributions$337,289
Employee contributions$852,291
Employer contribution per active participant$2,811
Average account balance$158,722
Benefits paid to participants$492,180
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 136 accts · $337K emplr
2023$18.8M · 132 accts · $326K emplr
2022$15.7M · 135 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,482
Investment management$33,324
Audit (IQPA)$5,500
Total administrative$66,635
The Rural Comm Holding Corp, Inc. 401(k) match · 2024
Employer contribution per active participant$2,811
Median for plans this size$2,416
2024$2,811 per active participant
2023$2,861 per active participant
2022$2,140 per active participant

Rural Comm Holding Corp, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$33,324
OLSEN THIELEN & CO LTD · Accounting / audit$5,500

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$66,635 · 0.33%
2023$61,898 · 0.36%
2022$60,596 · 0.35%
Same employer
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Mhc Software Holdings, Inc. MN$24.5M · 0.19%
The Tapemark Company MN$22.1M · 0.00%
Arcserve LLC MN$21.9M · 0.50%
Sezzle, Inc. MN$20.7M · 0.48%
Field Nation, LLC MN$16.7M · 0.52%
Episource LLC MN$14.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205269849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.