Plan Ledger DOL Form 5500 · updated monthly

Revolution Technologies, LLC401(k)

REVOLUTION TECHNOLOGIES 401(K) PLAN · MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
2.56%

Revolution Technologies, LLC reported $135,483 in plan administrative expenses for 2024: 2.56% of average plan assets, higher than ~90% of peers. 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 3.42% to 2.56%. 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 Florida (2,351st of 3,644), and 9,459th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$5,836,376
Participants with balances248
Active participants244
Employer contributions—
Employee contributions$1,198,566
Employer contribution per active participant—
Average account balance$23,534
Benefits paid to participants$653,692
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 248 accts
2023$4.7M · 235 accts
2022$2.8M · 263 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,183
Investment management$23,156
Total administrative$135,483
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$79,962
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$26,288
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$10,295

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$135,483 · 2.56%
2023$117,576 · 3.10%
2022$97,400 · 3.42%
Same employer
Similar plansProfessional & Technical Services · Florida
Certipay, Inc. FL$5.9M · 0.47%
9LINE LLC FL$5.8M · 0.29%
Synergistix, Inc. FL$5.7M · 0.64%
Goldstein Law Group, P.A. FL$5.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651129030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.