Plan Ledger DOL Form 5500 · updated monthly

Russ' of Holland, Inc.401(k)

RUSS' RESTAURANTS SAVINGS AND RETIREMENT PLAN · HOLLAND, MI · plan year 2025

Reported admin expense ratio · 2025
0.61%

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

Russ' of Holland, Inc. reported $39,532 in plan administrative expenses for 2025: 0.61% of average plan assets, above the peer median. Employer contributions averaged $391 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 fell from 0.88% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (1,806th of 2,619), and the 736th of 2,240 in accommodation & food services. In 2025, employees put in $4.76 for every $1.00 the employer contributed; active participation has shrunk from 186 to 154 since 2022.

Plan summary
Net assets, end of year$6,930,012
Participants with balances149
Active participants154
Employer contributions$60,212
Employee contributions$286,820
Employer contribution per active participant$391
Average account balance$46,510
Benefits paid to participants$304,064
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history4
Yearassets · accounts · employer contribution
2025$6.9M · 149 accts · $60K emplr
2024$6.0M · 130 accts · $45K emplr
2023$5.3M · 121 accts · $54K emplr
2022$5.0M · 117 accts · $54K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$19,828
Investment management$19,704
Total administrative$39,532
The Russ' of Holland, Inc. 401(k) match · 2025
Employer contribution per active participant$391
Median for plans this size$1,464
2025$391 per active participant
2024$194 per active participant
2023$255 per active participant
2022$291 per active participant

Russ' of Holland, Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ADVISORY GROUP, LLC · Investment management$19,704
FIFTH THIRD BANK · Investment advisory (plan)$12,453

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

Administrative cost history4
2025$39,532 · 0.61%
2024$32,822 · 0.58%
2023$43,344 · 0.84%
2022$56,917 · 0.88%
Similar plansAccommodation & Food Services · Michigan
Crystal Enterprises, Inc. MI$9.3M · 0.34%
Sundance, Inc. MI$7.2M · 0.63%
Outdoor Adventures, Inc. MI$5.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381776905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.