Plan Ledger DOL Form 5500 · updated monthly

Rapidit, Inc.401(k)

RAPIDIT, INC. 401(K) PLAN · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.05%

Rapidit, Inc. reported $750 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (2,017th of 2,160), and 11,169th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,244,244
Participants with balances62
Active participants113
Employer contributions—
Employee contributions$279,595
Employer contribution per active participant—
Average account balance$20,068
Benefits paid to participants$221,632
Plan auditUnmodified (clean) audit opinion
AuditorREDDY CPA LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$750
Total administrative$750
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$750 · 0.05%
Similar plansProfessional & Technical Services · Georgia
Bioiq, Inc. GA$1.4M · 0.78%
Bias Corporation GA$1.3M · 0.28%
Brighter Brain LLC GA$1.3M · 1.48%
Intex Diy Inc GA$1.1M · 1.34%
Syrainfotek LLC GA$1.0M · 0.13%
Mujin Corp GA$792K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030529614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.