Plan Ledger DOL Form 5500 · updated monthly

Raise Marketplace, LLC401(k)

RAISE MARKETPLACE, LLC 401 (K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Raise Marketplace, LLC reported $5,206 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.071%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,621st of 3,702), and 3,087th of 5,215 in retail trade. active participation has shrunk from 53 to 32 since 2022.

Plan summary
Net assets, end of year$7,836,796
Participants with balances117
Active participants32
Employer contributions$0
Employee contributions$388,029
Employer contribution per active participant$0
Average account balance$66,981
Benefits paid to participants$469,549
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 117 accts
2023$6.9M · 128 accts
2022$6.2M · 150 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,206
Total administrative$5,206
The Raise Marketplace, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Raise Marketplace, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,564
NORTHWESTERN MUTUAL INVESTMENTindirect comp

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$5,206 · 0.07%
2023$5,393 · 0.08%
2022$4,911 · 0.07%
Similar plansRetail Trade · Illinois
Castle Chevrolet, Inc. IL$7.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453599442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.