Plan Ledger DOL Form 5500 · updated monthly

Riccelli Holdings, Inc.401(k)

RICCELLI ENTERPRISES, INC. 401K PROFIT SHARING PLAN · NORTH SYRACUSE, NY · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Riccelli Holdings, Inc. reported $20,042 in plan administrative expenses for 2023: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,463 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 1 year on file its reported administrative ratio rose from 0.10% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (3,944th of 5,648), and the 1,313th of 2,677 in transportation & warehousing. In 2023, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,792,382
Participants with balances148
Active participants257
Employer contributions$375,975
Employee contributions$475,595
Employer contribution per active participant$1,463
Average account balance$52,651
Benefits paid to participants$720,250
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY, BURKE & BROWN CPA'S, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.8M · 148 accts · $376K emplr
2022$6.6M · 159 accts · $365K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,824
Investment management$218
Audit (IQPA)$10,000
Total administrative$20,042
The Riccelli Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$1,463
Median for plans this size$1,308
2023$1,463 per active participant
2022$1,844 per active participant

Riccelli Holdings, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants) · Loan processing$3,018
DERMODY, BURKE & BROWN CPA'S, LLC · Accounting / audit$10,000
LIFETIME BENEFIT SOLUTIONS · Other services$6,806
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$218

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

Administrative cost history2
2023$20,042 · 0.28%
2022$7,546 · 0.10%
Same employer
Similar plansTransportation & Warehousing · New York
Aramex USA NY$9.1M · 0.81%
Turk Hava Yollari, A.O. NY$7.8M · 0.04%
Courier Network, Inc. NY$7.6M · 0.41%
Ic Employee Leasing LLC NY$7.5M · 0.73%
Tts Worldwide, LLC NY$6.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161404955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.