Rudd Equipment 401(k) match, vesting and fees
What Rudd Equipment's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Cherry Bekaert LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Rudd Equipment: employer contribution per participant | $5,838 | |
| Peer median | $1,988 |
| Rudd Equipment: average balance | $181,618 | |
| Peer median | $75,431 |
| Rudd Equipment: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $58.6M at the end of plan year 2021 to $62.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 344 | $62.3M | $2M | $5,838 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 363 | $60.8M | $1.6M | $4,353 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 367 | $50.8M | $1.4M | $3,997 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 359 | $58.6M | $1.2M | $3,370 | 0.13% | Not published | Form 5500 ↗ |
Other Rudd Equipment plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Rudd Equipment Co., Inc. Restated Employees' Defined Ben. Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Rudd Equipment match 401(k) contributions?
The match terms for the Rudd Equipment Co Inc Restated Employees Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $2M in employer contributions, about $5,838 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Rudd Equipment 401(k) match vested?
The vesting schedule for the Rudd Equipment Co Inc Restated Employees Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Rudd Equipment 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Rudd Equipment Company, Inc..
I left Rudd Equipment. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Rudd Equipment Company, Inc., (502) 456-4050) or the recordkeeper, Newport Group, Inc.. The Rudd Equipment old 401(k) page lists the contacts from every plan filing. Find an old Rudd Equipment 401(k)
Data from the public Form 5500 annual reports Rudd Equipment filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Rudd Equipment. Not financial advice. Report a correction · Methodology