Plan Ledger DOL Form 5500 · updated monthly

Ranlife, Inc.401(k)

RANLIFE INC 401(K) PROFIT SHARING PLAN & TRUST · SANDY, UT · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Ranlife, Inc. reported $10,500 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,074 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 fell from 0.57% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Utah (533rd of 848), and 1,322nd of 2,096 in real estate & leasing. In 2023, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,214,502
Participants with balances69
Active participants72
Employer contributions$77,322
Employee contributions$258,802
Employer contribution per active participant$1,074
Average account balance$104,558
Benefits paid to participants$492,159
Plan auditUnmodified (clean) audit opinion
AuditorGLOBAL BUSINESS SOLUTIONS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.2M · 69 accts · $77K emplr
2022$6.3M · 120 accts · $185K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,500
Total administrative$10,500
The Ranlife, Inc. 401(k) match · 2023
Employer contribution per active participant$1,074
Median for plans this size$1,308
2023$1,074 per active participant
2022$2,009 per active participant

Ranlife, Inc.'s 2023 employer contribution ran below the $1,308 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$688
FARMERS FINANCIAL SOLUTIONS LLCindirect comp

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

Administrative cost history2
2023$10,500 · 0.16%
2022$40,834 · 0.57%
Similar plansReal Estate & Leasing · Utah
Canopy Mortgage, LLC UT$5.5M · 0.90%
Diamond Event, Inc. UT$3.5M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870682600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.