Plan Ledger DOL Form 5500 · updated monthly

Radio Training Network, Inc.401(k)

RADIO TRAINING NETWORK, INC. 401(K) PLAN · LAKELAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Radio Training Network, Inc. reported $6,045 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,033 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 rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,461st-largest of 3,644 plans among Florida employers on file, and 1,287th of 2,199 in information & media. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 114 to 126 since 2022.

Plan summary
Net assets, end of year$13,645,523
Participants with balances119
Active participants126
Employer contributions$256,123
Employee contributions$754,438
Employer contribution per active participant$2,033
Average account balance$114,668
Benefits paid to participants$1,247,312
Plan auditUnmodified (clean) audit opinion
AuditorANGLIN REICHMANN ARMSTRONG
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 119 accts · $256K emplr
2023$12.5M · 113 accts · $239K emplr
2022$10.5M · 111 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,173
Trustee / custodial$3,872
Total administrative$6,045
The Radio Training Network, Inc. 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$2,416
2024$2,033 per active participant
2023$1,962 per active participant
2022$1,925 per active participant

Radio Training Network, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
ALERUS FINANCIAL · Contract administrator · Custodial (securities)$6,046

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$6,045 · 0.05%
2023$5,461 · 0.05%
2022$4,278 · 0.04%
Same employer
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Central Dynamics LLC FL$14.7M · 0.30%
Imagine Believe Realize LLC FL$14.5M · 0.49%
Red Violet, Inc. FL$14.1M · 0.02%
Mad Mobile, Inc. FL$12.9M · 0.42%
Network Innovations US Inc. FL$12.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581585542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.