Plan Ledger DOL Form 5500 · updated monthly

R1 Rcm Holdco Inc.401(k)

R1 RCM INC. 401(K) PLAN · MURRAY, UT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

R1 Rcm Holdco Inc. reported $1,264,601 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,567 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 0.26% to 0.22%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 7th-largest of 848 plans among Utah employers on file, and the 265th of 11,654 in professional & technical services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 11,397 to 15,766 since 2022.

Plan summary
Net assets, end of year$664,665,428
Participants with balances13,322
Active participants15,766
Employer contributions$24,713,175
Employee contributions$57,632,871
Employer contribution per active participant$1,567
Average account balance$49,892
Benefits paid to participants$64,325,325
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$664.7M · 13,322 accts · $24.7M emplr
2023$485.6M · 11,023 accts · $22.8M emplr
2022$368.9M · 9,393 accts · $9.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$569,388
Investment management$615,345
Audit (IQPA)$42,500
Total administrative$1,264,601
The R1 Rcm Holdco Inc. 401(k) match · 2024
Employer contribution per active participant$1,567
Median for plans this size$4,294
2024$1,567 per active participant
2023$1,870 per active participant
2022$863 per active participant

R1 Rcm Holdco Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$615,345
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$586,001
ERNST & YOUNG U.S. LLP · Accounting / audit$42,500
FIDUCIENT ADVISOR LLC · Investment advisory (plan)$37,368

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

Administrative cost history3
2024$1,264,601 · 0.22%
2023$1,189,480 · 0.28%
2022$767,811 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Utah
Genesys Cloud Services, Inc. CA$672.8M · 0.06%
Havas North America, Inc. NY$670.3M · 0.00%
Sophia, L.P. VA$660.3M · 0.04%
Husch Blackwell LLP MO$659.2M · 0.03%
Ramboll Limited NY$659.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020698101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.