Plan Ledger DOL Form 5500 · updated monthly

Retail Solutions LLC401(k)

RETAIL SOLUTIONS LLC 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
8.80%

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

Retail Solutions LLC reported $6,224 in plan administrative expenses for 2023: 8.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $32 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 rose from 11.64% to 12.99%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,272nd of 1,285), and 11,590th of 11,654 in professional & technical services. In 2023, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 255 to 299 since 2022.

Plan summary
Net assets, end of year$84,043
Participants with balances251
Active participants299
Employer contributions$9,480
Employee contributions$22,359
Employer contribution per active participant$32
Average account balance$335
Benefits paid to participants$10,025
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72K · 220 accts · $9K emplr
2023$84K · 251 accts · $9K emplr
2022$57K · 199 accts · $3K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,362
Investment management$2
Trustee / custodial$860
Total administrative$6,224
The Retail Solutions LLC 401(k) match · 2023
Employer contribution per active participant$32
Median for plans this size$522
2024$28 per active participant
2023$32 per active participant
2022$10 per active participant

Retail Solutions LLC's 2023 employer contribution ran below the $522 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.

Administrative cost history3
2024$10,123 · 12.99%
2023$6,224 · 8.80%
2022$8,086 · 11.64%
Similar plansProfessional & Technical Services · Arizona
Pitchfork Partners, LLC AZ$576K · 2.52%
Urban Communities LLC AZ$286K · 3.57%
Wireless Revolution LLC AZ$236K · 4.71%
Eco Service LLC AZ$131K · 7.78%
Depcom Power Inc. AZ$57K · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263596775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.