Plan Ledger DOL Form 5500 · updated monthly

Ricondo & Associates, Inc.401(k)

RICONDO & ASSOCIATES 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ricondo & Associates, Inc. reported $117,728 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $7,618 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 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 695th-largest of 3,702 plans among Illinois employers on file, and the 1,953rd of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,132,817
Participants with balances236
Active participants168
Employer contributions$1,279,869
Employee contributions$2,559,737
Employer contribution per active participant$7,618
Average account balance$314,122
Benefits paid to participants$3,288,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.1M · 236 accts · $1.3M emplr
2023$66.1M · 229 accts · $1.2M emplr
2022$55.7M · 226 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,532
Investment management$50,000
Audit (IQPA)$16,196
Total administrative$117,728
The Ricondo & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$7,618
Median for plans this size$3,635
2024$7,618 per active participant
2023$7,141 per active participant
2022$6,966 per active participant

Ricondo & Associates, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$51,532
UBS FINANCIAL SERVICES · Recordkeeping · Trustee$50,000
BAKER TILLY US, LLP · Accounting / audit$16,196
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLPindirect comp

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

Recordkeeper by year2
2024OneAmerica, UBS
2023OneAmerica, UBS

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

Administrative cost history3
2024$117,728 · 0.17%
2023$77,749 · 0.13%
2022$105,771 · 0.18%
All plans at this employer2
RICONDO & ASSOCIATES 401(K) PLAN401(k)
RICONDO & ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 363663903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.