Plan Ledger DOL Form 5500 · updated monthly

Raft LLC401(k)

RAFT LLC 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Raft LLC reported $16,207 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,277 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 rose from 0.12% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,303rd of 2,266), and 7,158th of 11,654 in professional & technical services. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,784,805
Participants with balances398
Active participants328
Employer contributions$1,402,859
Employee contributions$3,261,218
Employer contribution per active participant$4,277
Average account balance$32,123
Benefits paid to participants$841,044
Plan auditUnmodified (clean) audit opinion
AuditorSCH ATTEST SERVICES PC
Plan history2
Yearassets · accounts · employer contribution
2024$12.8M · 398 accts · $1.4M emplr
2023$5.7M · 286 accts · $828K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,207
Total administrative$16,207
The Raft LLC 401(k) match · 2024
Employer contribution per active participant$4,277
Median for plans this size$1,313
2024$4,277 per active participant
2023$3,494 per active participant

Raft 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,686
GUIDELINE, INC · Loan processing$7,521

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$16,207 · 0.17%
2023$4,535 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Virginia
Edgesource Corporation VA$13.0M · 0.40%
Eagle Technologies, Inc. VA$12.8M · 0.50%
Prosourcing Partners LLC VA$12.8M · 0.13%
Devtech Systems, Inc. VA$12.8M · 0.22%
The Prospective Group Inc. VA$12.7M · 0.10%
Social Impact, Inc. VA$12.5M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462689810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.