Reladyne LLC 401(k) Review & Grade
Reladyne LLC 401(k) Plan
Cincinnati, OHWholesale Trade3,187 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,821Employer $ per active participant
$6,591Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$173.0MNet plan assets, end of year
$51,630Average balance per account
Score breakdown
- Employer generosity29.4 / 5059th percentile for employer $ per participant
- Low cost8.2 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1573th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 33th |
| Employee saving | 73th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,971,883 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $7,146 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Reladyne put in about $2,821 per active participant, more than the typical peer ($2,459). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.21% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,990,937 |
| Participant (employee) contributions | $21,004,904 |
| Other contributions (incl. rollovers in) | $2,922,015 |
| Administrative expenses paid from the plan | $334,664 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $126,094 |
| Benefits paid out | $20,335,862 |
| Net assets, start / end of year | $142.5M / $173.0M |
| Active participants, start / end of year | 3,010 / 3,364 |
| Participants with account balances | 3,350 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Barnes, Denning & Co., LTD |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $208,570 reported compensation |
| Horan Securities Inc | $93,147 reported compensation |
| Strategic Advisors, Inc. | $32,947 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015154016NAL0006640384001, received 2025-10-15, EIN 27-3841167, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.