Plan Ledger DOL Form 5500 · updated monthly

The Rudolph/Libbe Companies, Inc401(k)

THE RUDOLPH/LIBBE COMPANIES INC 401(K)/PROFIT SHARING PLAN · WALBRIDGE, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Rudolph/Libbe Companies, Inc reported $281,132 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,772 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 0.259%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 329th-largest of 3,295 plans among Ohio employers on file, and the 548th of 5,337 in construction. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 369 to 429 since 2022.

Plan summary
Net assets, end of year$116,277,590
Participants with balances509
Active participants429
Employer contributions$2,905,020
Employee contributions$3,834,605
Employer contribution per active participant$6,772
Average account balance$228,443
Benefits paid to participants$6,346,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.3M · 509 accts · $2.9M emplr
2023$101.1M · 496 accts · $2.7M emplr
2022$91.8M · 470 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,163
Investment management$179,969
Total administrative$281,132
The The Rudolph/Libbe Companies, Inc 401(k) match · 2024
Employer contribution per active participant$6,772
Median for plans this size$3,635
2024$6,772 per active participant
2023$6,304 per active participant
2022$6,444 per active participant

The Rudolph/Libbe Companies, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$101,163
TFO-TDC, LLC · Consulting$179,969
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$281,132 · 0.26%
2023$253,113 · 0.26%
2022$261,524 · 0.26%
Same employer
Similar plansConstruction · Ohio
The Fishel Company OH$141.2M · 0.04%
Ernst Enterprises, Inc. OH$122.0M · 0.03%
Messer Construction Co. OH$92.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341520402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.