Plan Ledger DOL Form 5500 · updated monthly

Ryan Herco Products Corporation401(k)

RYAN HERCO FLOW SOLUTIONS 401(K) PLAN · BURBANK, CA · plan year 2024

Employer contribution per participant · 2024
$929

Ryan Herco Products Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $40,508,088 across 522 participant accounts, with employer contributions averaging $929 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,116th-largest of 9,483 plans among California employers on file, and the 1,020th of 4,246 in wholesale trade. In 2024, employees put in $4.57 for every $1.00 the employer contributed; active participation has grown from 335 to 512 since 2022.

Plan summary
Net assets, end of year$40,508,088
Participants with balances522
Active participants512
Employer contributions$475,406
Employee contributions$2,171,451
Employer contribution per active participant$929
Average account balance$77,602
Benefits paid to participants$2,627,824
Plan auditUnmodified (clean) audit opinion
AuditorANTHONY APODACA ACCOUNTANCY CORPORA
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 522 accts · $475K emplr
2023$33.3M · 433 accts · $417K emplr
2022$28.8M · 406 accts · $403K emplr
Administrative expenses, itemized · 2024
Investment management$11,116
Audit (IQPA)$9,270
Total administrative-$4,764
The Ryan Herco Products Corporation 401(k) match · 2024
Employer contribution per active participant$929
Median for plans this size$2,416
2024$929 per active participant
2023$1,230 per active participant
2022$1,204 per active participant

Ryan Herco Products Corporation's 2024 employer contribution ran below the $2,416 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.

Service providers · 20244
PRECEPT ADVISORY GROUP, LLC · Consulting$22,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,116
ANTHONY APODACA ACCOUNTANCY CORPPO · Accounting / audit$9,270
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$9,387 · 0.03%
2022$7,369 · 0.02%
Same employer
Similar plansWholesale Trade · California
Slakey Brothers, Inc. CA$41.6M · 0.23%
Heimark Distributing, LLC CA$41.5M · 0.09%
Mxr Imaging, Inc. CA$40.0M · 0.30%
E & E Co., LTD CA$39.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951915233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.