Plan Ledger DOL Form 5500 · updated monthly

R3 Continuum, LLC401(k)

R3 CONTINUUM, LLC RETIREMENT PLAN · WYOMING, MI · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

R3 Continuum, LLC reported $56,145 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,683 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 has held roughly steady near 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,803rd of 2,619), and 6,897th of 11,911 in health care & social assistance. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,944,936
Participants with balances164
Active participants137
Employer contributions$230,518
Employee contributions$926,314
Employer contribution per active participant$1,683
Average account balance$42,347
Benefits paid to participants$1,168,319
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.9M · 164 accts · $231K emplr
2023$5.7M · 156 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,145
Total administrative$56,145
The R3 Continuum, LLC 401(k) match · 2024
Employer contribution per active participant$1,683
Median for plans this size$1,313
2024$1,683 per active participant
2023$1,338 per active participant

R3 Continuum, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,145
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$56,145 · 0.89%
2023$45,247 · 0.90%
Similar plansHealth Care & Social Assistance · Michigan
Svrc Industries, Inc. MI$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464003573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.