Plan Ledger DOL Form 5500 · updated monthly

Rag & Bone Industries, LLC401(k)

RAG & BONE INDUSTRIES, LLC 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Rag & Bone Industries, LLC reported $62,603 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,386 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 6 years on file its reported administrative ratio rose from 0.04% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 2,670th-largest of 5,648 plans among New York employers on file, and the 1,614th of 5,215 in retail trade. In 2023, employees put in $2.91 for every $1.00 the employer contributed; active participation has shrunk from 616 to 434 since 2017.

Plan summary
Net assets, end of year$18,072,591
Participants with balances356
Active participants434
Employer contributions$601,664
Employee contributions$1,752,613
Employer contribution per active participant$1,386
Average account balance$50,766
Benefits paid to participants$1,323,189
Plan auditUnmodified (clean) audit opinion
Plan history7
Yearassets · accounts · employer contribution
2024$0 · $39K emplr
2023$18.1M · 356 accts · $602K emplr
2022$14.3M · 338 accts · $483K emplr
2020$12.9M · 323 accts
2019$11.9M · 354 accts · $296K emplr
2018$9.8M · 364 accts · $488K emplr
2017$9.4M · 354 accts · $424K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,605
Investment management$24,998
Total administrative$62,603
The Rag & Bone Industries, LLC 401(k) match · 2023
Employer contribution per active participant$1,386
Median for plans this size$2,440
2023$1,386 per active participant
2022$1,001 per active participant
2019$527 per active participant
2018$796 per active participant
2017$688 per active participant

Rag & Bone Industries, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,605
STONE HILL FIDUCIARY MANAGEMENT LLC · Investment advisory (plan)$24,998

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

Administrative cost history7
2024Not separately reported
2023$62,603 · 0.39%
2022$61,425 · 0.41%
2020$73,356 · 0.59%
2019$57,714 · 0.53%
2018$4,314 · 0.05%
2017$3,688 · 0.04%
Same employer
Similar plansRetail Trade · New York
Orveon Global US LLC NY$18.4M · 0.34%
1STDIBS.COM, Inc. NY$18.2M · 0.11%
Mobile Management, LLC NY$18.0M · 1.16%
Capsule Corp NY$18.0M · 0.37%
The Wine Enthusiast, Inc. NY$18.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205466654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.