Plan Ledger DOL Form 5500 · updated monthly

Ricart Automotive Personnel, Inc.401(k)

RICART EMPLOYEES 401(K) PLAN · GROVEPORT, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Ricart Automotive Personnel, Inc. reported $116,742 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.29% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 848th-largest of 3,295 plans among Ohio employers on file, and the 878th of 5,215 in retail trade. active participation has grown from 679 to 758 since 2022.

Plan summary
Net assets, end of year$36,151,803
Participants with balances784
Active participants758
Employer contributions$0
Employee contributions$3,430,853
Employer contribution per active participant$0
Average account balance$46,112
Benefits paid to participants$3,777,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.2M · 784 accts
2023$31.6M · 733 accts · $271K emplr
2022$28.2M · 629 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,786
Investment management$71,956
Total administrative$116,742
The Ricart Automotive Personnel, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$405 per active participant
2022$1,550 per active participant

Ricart Automotive Personnel, Inc.'s 2024 employer contribution ran below the $2,416 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
NFP RETIREMENT INC · Investment advisory (plan)$65,715
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,241

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$116,742 · 0.34%
2023$100,258 · 0.34%
2022$82,214 · 0.29%
Same employer
Similar plansRetail Trade · Ohio
Leaffilter North, LLC OH$44.7M · 1.24%
United Dairy Farmers, Inc. OH$44.3M · 0.23%
Micro Electronics, Inc. OH$36.7M · 0.24%
Marc Glassman, Inc. OH$34.4M · 0.26%
St Henry Tile Co., Inc OH$34.3M · 0.12%
Ferno-Washington, Inc. OH$33.1M · 0.09%
Brunswick Auto Mart, Inc. OH$32.8M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311314576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.