Plan Ledger DOL Form 5500 · updated monthly

Russell Group Inc401(k)

RUSSELL GROUP 401(K) SAVINGS PLAN · DAVENPORT, IA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Russell Group Inc reported $73,675 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,733 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 has held roughly steady near 0.261%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 289th-largest of 878 plans among Iowa employers on file, and the 1,498th of 5,337 in construction. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 175 to 232 since 2022.

Plan summary
Net assets, end of year$30,899,471
Participants with balances239
Active participants232
Employer contributions$866,105
Employee contributions$2,536,477
Employer contribution per active participant$3,733
Average account balance$129,286
Benefits paid to participants$2,419,785
Plan auditUnmodified (clean) audit opinion
AuditorMHCS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 239 accts · $866K emplr
2023$25.5M · 217 accts · $781K emplr
2022$20.3M · 210 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,675
Total administrative$73,675
The Russell Group Inc 401(k) match · 2024
Employer contribution per active participant$3,733
Median for plans this size$2,416
2024$3,733 per active participant
2023$4,178 per active participant
2022$4,582 per active participant

Russell Group 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 · 20242
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$40,068
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,955

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$73,675 · 0.26%
2023$57,080 · 0.25%
2022$57,240 · 0.26%
Same employer
Similar plansConstruction · Iowa
McCarthy Bush Corporation IA$33.7M · 0.13%
Cramer & Associates, Inc. IA$32.0M · 0.56%
Scintilla Eg Holdings, Inc. IA$31.0M · 0.36%
Conlon Construction Company IA$29.0M · 0.18%
Carl a. Nelson & Company IA$28.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853625179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.