Plan Ledger DOL Form 5500 · updated monthly

Revenue Assistance Corp. the Revenue Group401(k)

THE REVENUE ASSISTANCE CORP., 401(K) RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Revenue Assistance Corp. the Revenue Group reported $42,582 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $508 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 0.57% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,317th of 3,295), and the 1,235th of 2,534 in administrative & support services. In 2024, employees put in $3.48 for every $1.00 the employer contributed; active participation has shrunk from 293 to 232 since 2022.

Plan summary
Net assets, end of year$6,909,913
Participants with balances128
Active participants232
Employer contributions$117,897
Employee contributions$409,702
Employer contribution per active participant$508
Average account balance$53,984
Benefits paid to participants$1,342,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 128 accts · $118K emplr
2023$6.7M · 194 accts · $133K emplr
2022$5.4M · 189 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,669
Investment management$18,913
Total administrative$42,582
The Revenue Assistance Corp. the Revenue Group 401(k) match · 2024
Employer contribution per active participant$508
Median for plans this size$1,313
2024$508 per active participant
2023$504 per active participant
2022$388 per active participant

Revenue Assistance Corp. the Revenue Group's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ANCORA RETIREMENT PLAN ADVISORS INC · Investment advisory (plan)$16,307
EMPOWER ADVISORY GROUP, LLC · Investment management$2,606

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

Administrative cost history3
2024$42,582 · 0.62%
2023$36,942 · 0.61%
2022$34,289 · 0.57%
Same employer
Similar plansAdministrative & Support Services · Ohio
Accuserve Solutions, Inc. OH$7.2M · 0.98%
Belflex Staffing Network OH$7.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341778077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.