Plan Ledger DOL Form 5500 · updated monthly

Ricoh USA, Inc.401(k)

RICOH USA, INC. RETIREMENT SAVINGS PLAN · EXTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ricoh USA, Inc. reported $1,152,297 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $2,377 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 3 years on file its reported administrative ratio has held roughly steady near 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 34th-largest of 3,651 plans among Pennsylvania employers on file, and the 19th of 4,246 in wholesale trade. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has shrunk from 13,231 to 11,575 since 2022.

Plan summary
Net assets, end of year$2,166,085,264
Participants with balances13,400
Active participants11,575
Employer contributions$27,511,100
Employee contributions$71,966,731
Employer contribution per active participant$2,377
Average account balance$161,648
Benefits paid to participants$272,350,793
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 13,400 accts · $27.5M emplr
2023$2.1B · 14,396 accts · $28.5M emplr
2022$1.9B · 15,102 accts · $28.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$592,106
Investment management$385,461
Audit (IQPA)$30,500
Trustee / custodial$67,616
Total administrative$1,152,297
The Ricoh USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,377
Median for plans this size$5,259
2024$2,377 per active participant
2023$2,253 per active participant
2022$2,113 per active participant

Ricoh USA, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20246
FIDELITY INSTITUTIONAL ASSET MGT · Recordkeeping · Trustee$433,129
MERCER · Investment management$119,459
AON CONSULTING INC · Consulting$50,409
GRANT THORNTON, LLP · Accounting / audit$30,500
BALLARD SPAHR · Legal$19,170
NORTHERN TRUST · Trustee · Investment management$16,056

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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Administrative cost history3
2024$1,152,297 · 0.05%
2023$1,138,278 · 0.06%
2022$1,176,608 · 0.06%
Same employer
Similar plansWholesale Trade · Pennsylvania
Cencora, Inc. PA$2.4B · 0.04%
Wesco Distribution, Inc. PA$1.9B · 0.07%
Avantor, Inc. PA$648.0M · 0.10%
Brenntag North America, Inc. PA$630.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230334400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.