Plan Ledger DOL Form 5500 · updated monthly

Rybovich Boat Company LLC401(k)

RYBOVICH BOAT COMPANY 401K PLAN · WEST PALM BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Rybovich Boat Company LLC reported $25,667 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $537 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 rose from 0.34% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,364th of 3,644), and 10,819th of 13,661 in manufacturing. In 2022, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,761,368
Participants with balances169
Active participants82
Employer contributions$44,044
Employee contributions$154,744
Employer contribution per active participant$537
Average account balance$34,091
Benefits paid to participants$2,527,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 92 accts · $36K emplr
2023$4.9M · 152 accts · $48K emplr
2022$5.8M · 169 accts · $44K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,185
Professional / advisory$24,482
Total administrative$25,667
The Rybovich Boat Company LLC 401(k) match · 2022
Employer contribution per active participant$537
Median for plans this size$1,114
2024$477 per active participant
2023$670 per active participant
2022$537 per active participant

Rybovich Boat Company LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$29,761 · 0.62%
2023$29,129 · 0.55%
2022$25,667 · 0.34%
Similar plansManufacturing · Florida
Osgood Industries, LLC FL$5.4M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830376815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.