Plan Ledger DOL Form 5500 · updated monthly

Rynone Manufacturing Corporation401(k)

RYNONE MANUFACTURING CORPORATION 401(K) PLAN · SAYRE, PA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Rynone Manufacturing Corporation reported $29,395 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $790 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 0.39% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,927th of 3,651), and 11,405th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 131 to 114 since 2022.

Plan summary
Net assets, end of year$4,628,845
Participants with balances93
Active participants114
Employer contributions$90,057
Employee contributions$164,465
Employer contribution per active participant$790
Average account balance$49,773
Benefits paid to participants$209,903
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO.,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 93 accts · $90K emplr
2023$4.0M · 104 accts · $89K emplr
2022$3.7M · 157 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,395
Total administrative$29,395
The Rynone Manufacturing Corporation 401(k) match · 2024
Employer contribution per active participant$790
Median for plans this size$1,313
2024$790 per active participant
2023$698 per active participant
2022$213 per active participant

Rynone Manufacturing Corporation's 2024 employer contribution ran below the $1,313 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 · 20241
CITIZENS & NORTHERN BANK · Recordkeeping · Consulting$29,395

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

Recordkeeper by year2
2024CITIZENS & NORTHERN BANK
2023CITIZENS & NORTHERN BANK

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

Administrative cost history3
2024$29,395 · 0.68%
2023$34,808 · 0.91%
2022$16,598 · 0.39%
All plans at this employer2
RYNONE MANUFACTURING CORPORATION 401(K) PLAN401(k)
RYNONE MANUFACTURING CORPORATION 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Donald B. Remmey, Inc. PA$4.5M · 0.28%
Ivc-Usa, Inc. PA$4.5M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232230933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.