Plan Ledger DOL Form 5500 · updated monthly

Rib USA Inc.401(k)

RIB USA 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Rib USA Inc. reported $35,209 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,614 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 has held roughly steady near 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 895th-largest of 2,160 plans among Georgia employers on file, and the 5,750th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,941,437
Participants with balances174
Active participants178
Employer contributions$643,265
Employee contributions$1,531,633
Employer contribution per active participant$3,614
Average account balance$108,859
Benefits paid to participants$629,216
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$18.9M · 174 accts · $643K emplr
2023$14.9M · 151 accts · $608K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,418
Investment management$3,791
Total administrative$35,209
The Rib USA Inc. 401(k) match · 2024
Employer contribution per active participant$3,614
Median for plans this size$2,416
2024$3,614 per active participant
2023$4,001 per active participant

Rib USA Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,418

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

Administrative cost history2
2024$35,209 · 0.21%
2023$26,017 · 0.20%
Similar plansProfessional & Technical Services · Georgia
Streamline Health, Inc. GA$19.6M · 0.23%
Vatica Health, Inc. GA$19.5M · 0.45%
Procurement Advisors LLC GA$18.8M · 0.06%
Terma Inc. GA$18.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841899123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.