Plan Ledger DOL Form 5500 · updated monthly

Rbc Medical Innovations401(k)

RBC MEDICAL INNOVATIONS SAFE HARBOR 401(K) PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Rbc Medical Innovations reported $63,715 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,506 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 rose from 0.75% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kansas (546th of 828), and 8,588th of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,266,153
Participants with balances139
Active participants90
Employer contributions$315,579
Employee contributions$663,003
Employer contribution per active participant$3,506
Average account balance$59,469
Benefits paid to participants$634,635
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.3M · 139 accts · $316K emplr
2023$6.7M · 149 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,621
Investment management$33,715
Trustee / custodial$2,379
Total administrative$63,715
The Rbc Medical Innovations 401(k) match · 2024
Employer contribution per active participant$3,506
Median for plans this size$1,313
2024$3,506 per active participant
2023$2,628 per active participant

Rbc Medical Innovations's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
TPP RETIREMENT PLAN SPECIALISTS · Recordkeeping$27,621
CREATIVE PLANNING · Investment advisory (plan)$33,715

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

Recordkeeper by year2
2024TPP RETIREMENT PLAN SPECIALISTS
2023TPP RETIREMENT PLAN SPECIALISTS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$63,715 · 0.85%
2023$44,593 · 0.75%
Similar plansProfessional & Technical Services · Kansas
Retail Success LLC KS$8.3M · 0.80%
Perfect Output, LLC KS$7.6M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742840622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.