# Richardson Electronics, Ltd. 401(k) Plan
Source: https://planprovider.pro/companies/richardson-electronics-ltd-401k-plan

> Richardson Electronics, Ltd.'s 401(k) plan: 302 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Richardson Electronics, Ltd.

- **Sponsor EIN:** 362096643

- **Sponsor Address:** P.O. BOX 393, LAFOX, IL, 60147

- **Plan Type:** 401(k)

- **Total Participants:** 302

- **Total Assets:** $59.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|302|$59.4M|$666,942|$2.7M|

| 2023|305|$49.4M|$831,474|$2.8M|

| 2022|330|$41.1M|$713,967|$2.5M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CHERRY BEKAERT|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$96,825|$15,347|$600|—|—|

| 2023|$94,608|$10,970|—|$15,000|—|

| 2022|$97,751|$9,984|—|—|—|

## Similar Plans

- [Anixter INC.](https://planprovider.pro/companies/anixter-inc-plan) — 295 participants

- [Steiner Electric Company](https://planprovider.pro/companies/steiner-electric-company-401k-plan) — 251 participants

- [Hitachi High-Tech America, INC.](https://planprovider.pro/companies/hitachi-high-tech-america-inc-plan-001) — 246 participants

- [Revere Electric Supply Co.](https://planprovider.pro/companies/revere-electric-supply-co-401k-plan) — 383 participants

- [Gf Machining Solutions LLC](https://planprovider.pro/companies/gf-machining-solutions-llc-401k-plan) — 208 participants

- [Optimas Oe Solutions, LLC](https://planprovider.pro/companies/optimas-oe-solutions-llc-401k-plan) — 481 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/richardson-electronics-ltd-401k-plan)

© 2026 PlanProvider.Pro