Plan Ledger DOL Form 5500 · updated monthly

Riddle's Group, Inc.401(k)

RIDDLE'S GROUP, INC. RETIREMENT SAVINGS PLAN · RAPID CITY, SD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Riddle's Group, Inc. reported $54,475 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,650 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 0.13% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 51st-largest of 233 plans among South Dakota employers on file, and the 781st of 5,215 in retail trade. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 473 to 538 since 2022.

Plan summary
Net assets, end of year$40,469,485
Participants with balances639
Active participants538
Employer contributions$887,899
Employee contributions$2,413,227
Employer contribution per active participant$1,650
Average account balance$63,333
Benefits paid to participants$5,695,903
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 639 accts · $888K emplr
2023$37.6M · 601 accts · $880K emplr
2022$32.8M · 565 accts · $820K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,475
Total administrative$54,475
The Riddle's Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,650
Median for plans this size$2,416
2024$1,650 per active participant
2023$1,810 per active participant
2022$1,733 per active participant

Riddle's Group, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$54,475

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

Administrative cost history3
2024$54,475 · 0.14%
2023$48,947 · 0.14%
2022$47,375 · 0.13%
Same employer
Similar plansRetail Trade · South Dakota
C&B Operations, LLC SD$74.2M · 0.38%
Billion Motors, Inc. SD$71.9M · 0.20%
Lewis Drugs, Inc. SD$56.1M · 0.33%
Furniture Mart USA, Inc. SD$34.6M · 0.16%
Vern Eide Motorcars SD$31.6M · 0.53%
Karl's, Inc. SD$24.2M

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Source: U.S. Department of Labor, Form 5500 series, EIN 460357804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.