Plan Ledger DOL Form 5500 · updated monthly

Radical Minds401(k)

RADICAL MINDS 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Radical Minds reported $2,203 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,721 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 1 year on file its reported administrative ratio fell from 0.36% to 0.15%. 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 Nebraska (530th of 565), and 10,279th of 11,911 in health care & social assistance. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,719,216
Participants with balances140
Active participants106
Employer contributions$182,446
Employee contributions$276,184
Employer contribution per active participant$1,721
Average account balance$12,280
Benefits paid to participants$128,621
Plan auditUnmodified (clean) audit opinion
AuditorMCFARLIN & BROKKE
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 140 accts · $182K emplr
2023$1.2M · 118 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,044
Investment management$1,159
Total administrative$2,203
The Radical Minds 401(k) match · 2024
Employer contribution per active participant$1,721
Median for plans this size$1,313
2024$1,721 per active participant
2023$1,611 per active participant

Radical Minds'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.

Administrative cost history2
2024$2,203 · 0.15%
2023$3,499 · 0.36%
Similar plansHealth Care & Social Assistance · Nebraska
Florence Home NE$896K · 1.26%
Lmmc Holdings, LLC NE$458K · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812432473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.