Plan Ledger DOL Form 5500 · updated monthly

Rdg Planning & Design, Inc.401(k)

RDG PLANNING & DESIGN, INC. 401(K) RETIREMENT PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Rdg Planning & Design, Inc. reported $152,894 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,092 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 fell from 0.34% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 171st-largest of 878 plans among Iowa employers on file, and the 2,475th of 11,654 in professional & technical services. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has grown from 199 to 230 since 2022.

Plan summary
Net assets, end of year$56,959,090
Participants with balances264
Active participants230
Employer contributions$711,097
Employee contributions$2,374,001
Employer contribution per active participant$3,092
Average account balance$215,754
Benefits paid to participants$3,426,137
Plan auditUnmodified (clean) audit opinion
AuditorMCFARLIN & BROKKE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$57.0M · 264 accts · $711K emplr
2023$49.1M · 255 accts · $570K emplr
2022$39.6M · 245 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,737
Investment management$16,157
Total administrative$152,894
The Rdg Planning & Design, Inc. 401(k) match · 2024
Employer contribution per active participant$3,092
Median for plans this size$3,635
2024$3,092 per active participant
2023$2,602 per active participant
2022$2,685 per active participant

Rdg Planning & Design, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$136,737
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$16,157
MMLISindirect comp

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$152,894 · 0.29%
2023$122,706 · 0.28%
2022$148,265 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Iowa
Honkamp Krueger & Co., P.C. IA$66.3M · 0.21%
Brown Winick Law Firm IA$62.8M · 0.12%
Snyder & Associates, Inc. IA$60.0M · 0.20%
Veenstra & Kimm, Inc. IA$57.1M · 0.27%
Quality Consulting, Inc. IA$49.0M · 0.30%
Lightedge Solutions, LLC IA$41.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421338016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.