Plan Ledger DOL Form 5500 · updated monthly

Radeas LLC401(k)

RADEAS LLC RETIREMENT SAVINGS PLAN · WAKE FOREST, NC · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Radeas LLC reported $14,420 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,853 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 0.33%. 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 North Carolina (1,454th of 2,005), and 7,858th of 11,911 in health care & social assistance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,090,600
Participants with balances256
Active participants157
Employer contributions$447,936
Employee contributions$346,842
Employer contribution per active participant$2,853
Average account balance$19,885
Benefits paid to participants$132,485
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON & JOHNSTON CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$5.1M · 256 accts · $448K emplr
2023$3.7M · 202 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,420
Total administrative$14,420
The Radeas LLC 401(k) match · 2024
Employer contribution per active participant$2,853
Median for plans this size$1,313
2024$2,853 per active participant
2023$1,410 per active participant

Radeas LLC's 2024 employer contribution ran above the $1,313 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,158
EDWARD D JONES AND CO · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$14,420 · 0.33%
2023$9,915 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Cannon Health LLC NC$5.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273440467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.