Plan Ledger DOL Form 5500 · updated monthly

Radius Financial Group, Inc.401(k)

RADIUS FINANCIAL GROUP, INC. 401(K) EMPLOYEE SAVINGS PLAN · NORWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Radius Financial Group, Inc. reported $90,993 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2 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 0.61% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,328th-largest of 2,726 plans among Massachusetts employers on file, and 3,109th of 4,798 in finance & insurance. In 2024, employees put in $2105.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,535,439
Participants with balances120
Active participants160
Employer contributions$339
Employee contributions$713,843
Employer contribution per active participant$2
Average account balance$162,795
Benefits paid to participants$1,297,010
Plan auditUnmodified (clean) audit opinion
AuditorPARKS & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 120 accts · $339 emplr
2023$17.1M · 135 accts · $269K emplr
2022$14.2M · 143 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,254
Investment management$59,872
Trustee / custodial$3,192
Total administrative$90,993
The Radius Financial Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$2,416
2024$2 per active participant
2023$1,749 per active participant
2022$2,064 per active participant

Radius Financial Group, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$27,254
NATIONAL FINANCIAL SERVICES LLC · Investment advisory (plan) · Custodial (securities)$32,368
LITTLE HOUSE CAPITAL · Investment advisory (plan)$31,370

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$90,993 · 0.50%
2023$88,342 · 0.57%
2022$94,274 · 0.61%
Same employer
Similar plansFinance & Insurance · Massachusetts
Leominster Credit Union MA$20.0M · 0.14%
Lee Bank MA$19.5M · 0.02%
Rollstone Bank and Trust MA$19.1M · 0.00%
Clinton Savings Bank MA$18.5M · 0.00%
North Easton Savings Bank MA$18.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043483190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.