Plan Ledger DOL Form 5500 · updated monthly

Ratp Dev North America401(k)

RATP DEV NORTH AMERICA 401(K) PLAN · FORT WORTH, TX · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Ratp Dev North America reported $141,182 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $678 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 2 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,542nd-largest of 5,688 plans among Texas employers on file, and the 552nd of 2,677 in transportation & warehousing. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,104,774
Participants with balances1,112
Active participants2,133
Employer contributions$1,445,980
Employee contributions$2,715,550
Employer contribution per active participant$678
Average account balance$27,073
Benefits paid to participants$3,885,806
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$30.1M · 1,112 accts · $1.4M emplr
2022$25.2M · 868 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$82,686
Investment management$26,340
Audit (IQPA)$32,156
Total administrative$141,182
The Ratp Dev North America 401(k) match · 2023
Employer contribution per active participant$678
Median for plans this size$2,440
2023$678 per active participant
2022$755 per active participant

Ratp Dev North America's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$83,160
NATIONAL FINANCIAL SERVICES · Recordkeepingindirect comp
BAKER TILLY VIRCHOW KRAUSE · Accounting / audit$32,156
FSC SECURITIES CORP · Investment advisory (plan)$26,340

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$141,182 · 0.51%
2022$133,529 · 0.49%
Similar plansTransportation & Warehousing · Texas
Advario North America LLC TX$38.1M · 0.25%
Mode Transportation, LLC TX$35.3M · 0.17%
Aet Inc. Limited TX$33.3M · 0.09%
Ameriflight, LLC TX$30.4M · 0.29%
McDonald Transit, Inc TX$28.8M · 0.08%
Hmm (America), Inc TX$28.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751626932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.