Plan Ledger DOL Form 5500 · updated monthly

Five Rings LLC401(k)

FIVE RINGS LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Five Rings LLC reported $51,595 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $10,200 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.27% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,801st-largest of 5,648 plans among New York employers on file, and the 2,222nd of 4,798 in finance & insurance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 145 to 220 since 2022.

Plan summary
Net assets, end of year$34,036,833
Participants with balances249
Active participants220
Employer contributions$2,243,915
Employee contributions$4,350,386
Employer contribution per active participant$10,200
Average account balance$136,694
Benefits paid to participants$571,185
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 249 accts · $2.2M emplr
2023$23.0M · 203 accts · $1.8M emplr
2022$14.5M · 155 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,934
Investment management$32,801
Trustee / custodial$860
Total administrative$51,595
The Five Rings LLC 401(k) match · 2024
Employer contribution per active participant$10,200
Median for plans this size$2,416
2024$10,200 per active participant
2023$9,721 per active participant
2022$8,862 per active participant

Five Rings LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$15,069
SENTINEL PENSION ADVISORS · Investment advisory (participants)$32,801

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023Paychex, SENTINEL SECURITIES, INC.

This plan has changed recordkeepers within these filings. If you left Five Rings LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,595 · 0.18%
2023$50,473 · 0.27%
2022$38,416 · 0.27%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 800325678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.