Plan Ledger DOL Form 5500 · updated monthly

Riccelli Holdings, Inc.401(k)

RICCELLI HOLDINGS, INC. 401(K) & PROFIT SHARING PLAN · NORTH SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Riccelli Holdings, Inc. reported $21,971 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,713 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (3,745th of 5,648), and the 1,214th of 2,677 in transportation & warehousing. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,098,562
Participants with balances157
Active participants277
Employer contributions$474,627
Employee contributions$576,675
Employer contribution per active participant$1,713
Average account balance$57,953
Benefits paid to participants$743,624
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY, BURKE & BROWN CPA'S, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,971
Audit (IQPA)$13,000
Total administrative$21,971
The Riccelli Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,713
Median for plans this size$1,313

Riccelli Holdings, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
VALIANT RETIRE INC. · Recordkeeping$4,041
DERMODY, BURKE & BROWN CPA'S, LLC · Accounting / audit$13,000

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

Administrative cost history1
2024$21,971 · 0.26%
Similar plansTransportation & Warehousing · New York
Keith Titus Corp. NY$9.6M · 0.57%
Ficel Transport, Inc. NY$9.2M · 0.33%
Aramex USA NY$9.1M · 0.81%
Turk Hava Yollari, A.O. NY$7.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461678818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.