Plan Ledger DOL Form 5500 · updated monthly

Ricoma International Corporati401(k)

RICOMA INTERNATIONAL CORPORATI 401(K) PROFIT SHARING PLAN & TRUST · MEDLEY, FL · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Ricoma International Corporati reported $17,967 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,365 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 1.14% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,279th of 3,644), and 11,117th of 11,654 in professional & technical services. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has shrunk from 125 to 80 since 2022.

Plan summary
Net assets, end of year$1,356,326
Participants with balances215
Active participants80
Employer contributions$189,209
Employee contributions$245,285
Employer contribution per active participant$2,365
Average account balance$6,308
Benefits paid to participants$449,086
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 215 accts · $189K emplr
2023$1.2M · 234 accts · $228K emplr
2022$675K · 194 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,365
Investment management$930
Trustee / custodial$672
Total administrative$17,967
The Ricoma International Corporati 401(k) match · 2024
Employer contribution per active participant$2,365
Median for plans this size$1,313
2024$2,365 per active participant
2023$1,484 per active participant
2022$1,191 per active participant

Ricoma International Corporati's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PAYCHEX, INC. · Recordkeeping$11,489
401K GENERATION · Contract administrator$5,639

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,967 · 1.40%
2023$11,414 · 1.21%
2022$6,484 · 1.14%
Similar plansProfessional & Technical Services · Florida
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Task Source, Inc. FL$1.4M · 1.07%
Ethos Risk Services, LLC FL$1.4M · 0.83%
Gravity IT Resources FL$1.4M · 0.79%
Steamroller Studios LLC FL$1.3M · 0.11%
Giant Oil Inc FL$1.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800172192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.