Plan Ledger DOL Form 5500 · updated monthly

Revel IT, Inc.401(k)

REVEL IT, INC. 401(K) PROFIT SHARING PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Revel IT, Inc. reported $34,993 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,602 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 0.61% to 0.65%. 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 Ohio (2,471st of 3,295), and 9,597th of 11,654 in professional & technical services. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has shrunk from 141 to 117 since 2022.

Plan summary
Net assets, end of year$5,506,039
Participants with balances102
Active participants117
Employer contributions$187,392
Employee contributions$643,340
Employer contribution per active participant$1,602
Average account balance$53,981
Benefits paid to participants$1,224,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 102 accts · $187K emplr
2023$5.3M · 118 accts · $258K emplr
2022$4.1M · 122 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,125
Investment management$10,868
Total administrative$34,993
The Revel IT, Inc. 401(k) match · 2024
Employer contribution per active participant$1,602
Median for plans this size$1,313
2024$1,602 per active participant
2023$1,984 per active participant
2022$2,023 per active participant

Revel IT, Inc.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$13,401
THE PENSION DESIGN GROUP · Recordkeeping · Loan processing$10,724
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$10,868

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

Recordkeeper by year2
2024THE PENSION DESIGN GROUP, Transamerica
2023THE PENSION DESIGN GROUP, Transamerica

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

Administrative cost history3
2024$34,993 · 0.65%
2023$29,151 · 0.62%
2022$25,379 · 0.61%
Similar plansProfessional & Technical Services · Ohio
On Line Design, Inc. OH$5.7M · 0.85%
Fast Switch, LTD. OH$5.6M · 0.59%
Change Up, LLC OH$5.6M · 0.12%
Q Labs LLC OH$5.5M · 0.34%
The Rehab Continuum, Inc. OH$5.4M · 0.28%
Edaptive Computing, Inc. OH$5.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843188007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.