RHF Investments, Inc. 401(k) Review & Grade
RHF Investments, Inc. 401(k) Savings Plan
Hickory, NCManufacturing1,660 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$625Employer $ per active participant
$2,060Employee $ saved per active participant
0.46%Direct admin cost, % of plan assets
$50.4MNet plan assets, end of year
$30,428Average balance per account
Score breakdown
- Employer generosity4.5 / 509th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving1.9 / 1512th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 26th |
| Employee saving | 12th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $117,764 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- RHF Investments put in about $625 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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 (0.46% of assets) are well above similar-size plans (0.23%). 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.
- 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 | $1,037,521 |
| Participant (employee) contributions | $3,419,295 |
| Other contributions (incl. rollovers in) | $509,266 |
| Administrative expenses paid from the plan | $222,089 |
| Contract administrator fees | $162,531 |
| Benefits paid out | $6,518,697 |
| Net assets, start / end of year | $46.9M / $50.4M |
| Active participants, start / end of year | 1,703 / 1,616 |
| Participants with account balances | 1,656 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Smith Leonard PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $173,831 reported compensation |
| Mma Securities LLC | $43,000 reported compensation |
| Smith Leonard PLLC | $12,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250818125903NAL0000660595001, received 2025-08-18, EIN 46-2232330, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.