Rayonier Advanced Materials Inc. 401(k) Review & Grade
Ryam 401(k) Plan for Jesup Hourly Employees
Jacksonville, FLManufacturing650 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,839Employer $ per active participant
$4,924Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$70.1MNet plan assets, end of year
$100,601Average balance per account
Score breakdown
- Employer generosity30.3 / 5061th percentile for employer $ per participant
- Low cost14.5 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 58th |
| Employee saving | 50th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Rayonier Advanced Materials put in about $2,839 per active participant, more than the typical peer ($2,320). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,845,539 |
| Participant (employee) contributions | $3,200,447 |
| Other contributions (incl. rollovers in) | $146,130 |
| Administrative expenses paid from the plan | $118,014 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $19,424 |
| Benefits paid out | $3,946,606 |
| Net assets, start / end of year | $61.7M / $70.1M |
| Active participants, start / end of year | 676 / 624 |
| Participants with account balances | 697 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ennis, Pellum & Associates |
| Employer stock held by plan | $2,829,283 |
Largest service providers (Schedule C)
| Ennis, Pellum & Associates, Cpas | $50,923 reported compensation |
| Fidelity Investments Institutional | $47,657 reported compensation |
| NFP Retirement | $19,424 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013105334NAL0001070481001, received 2025-10-13, EIN 46-4559529, plan #033, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.