Plan Ledger DOL Form 5500 · updated monthly

Rutter's401(k)

RUTTER'S RETIREMENT SAVINGS PLAN · YORK, PA · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Rutter's reported $75,773 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $438 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 1 year on file its reported administrative ratio fell from 0.44% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,525th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,440th of 5,215 in retail trade. In 2023, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,263,679
Participants with balances502
Active participants1,466
Employer contributions$641,915
Employee contributions$1,831,003
Employer contribution per active participant$438
Average account balance$40,366
Benefits paid to participants$1,758,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$20.3M · 502 accts · $642K emplr
2022$17.1M · 475 accts · $344K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,284
Investment management$35,489
Total administrative$75,773
The Rutter's 401(k) match · 2023
Employer contribution per active participant$438
Median for plans this size$2,440
2023$438 per active participant
2022$231 per active participant

Rutter's's 2023 employer contribution ran below the $2,440 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 · 20233
JOHN HANCOCK · Recordkeeping · Loan processing$41,289
LPL · Investment advisory (plan)$17,242
ALDEN CAPITAL · Investment advisory (plan)$17,242

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$75,773 · 0.41%
2022$80,362 · 0.44%
Similar plansRetail Trade · Pennsylvania
Paul B. Zimmerman, Inc. PA$21.7M · 0.28%
Williams Oil Company, Inc. PA$21.5M · 0.44%
Kelly Management Corp PA$21.4M · 0.20%
Turn 5, Inc PA$21.0M · 0.43%
Smail Company, Inc. PA$20.3M · 0.36%
Reedman-Toll, L.P. PA$20.2M · 0.27%
Craig Scott, Inc. PA$19.4M · 0.12%
Boyers Food Markets Inc. PA$19.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231331865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.