Plan Ledger DOL Form 5500 · updated monthly

Rave Wireless, Inc.401(k)

RAVE 401(K) PLAN · FRAMINGHAM, MA · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Rave Wireless, Inc. reported $5,350 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,019 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (1,728th of 2,726), and 1,373rd of 2,199 in information & media. In 2022, employees put in $4.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,135,898
Participants with balances264
Active participants197
Employer contributions$397,785
Employee contributions$1,678,436
Employer contribution per active participant$2,019
Average account balance$45,969
Benefits paid to participants$480,277
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR FERON &CARUCCI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.1M · 264 accts · $398K emplr
The Rave Wireless, Inc. 401(k) match · 2022
Employer contribution per active participant$2,019
Median for plans this size$2,266

Rave Wireless, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$5,350 · 0.04%
Similar plansInformation & Media · Massachusetts
Lakeside Software, LLC MA$13.1M · 0.42%
OM1, Inc. MA$12.9M · 0.51%
Tulip Interfaces, Inc. MA$12.2M · 0.15%
Prx, Inc. MA$12.0M · 0.04%
Appfire Technologies, LLC MA$11.6M · 0.07%
Six Red Marbles, Inc. MA$11.5M · 0.60%
Robin Powered, Inc. MA$11.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201931600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.