Plan Ledger DOL Form 5500 · updated monthly

Ridwell Inc.401(k)

RIDWELL INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Ridwell Inc. reported $8,324 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $0 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 fell from 0.60% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,556th of 1,714), and 4,634th of 5,215 in retail trade. active participation has grown from 199 to 257 since 2022.

Plan summary
Net assets, end of year$2,121,088
Participants with balances393
Active participants257
Employer contributions$0
Employee contributions$688,474
Employer contribution per active participant$0
Average account balance$5,397
Benefits paid to participants$178,929
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 393 accts
2023$1.4M · 326 accts
2022$722K · 322 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,940
Investment management$1,384
Total administrative$8,324
The Ridwell Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Ridwell Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
GUIDELINE, INC · Plan administrator · Investment advisory (plan)$7,507

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$8,324 · 0.47%
2023$6,036 · 0.57%
2022$3,340 · 0.60%
Same employer
Similar plansRetail Trade · Washington
Pawn 1, Inc. WA$2.5M · 0.99%
Molbak's, LLC WA$2.3M · 0.21%
Top Pot Doughnuts WA$1.9M · 0.63%
Chinook Lumber, Inc. WA$1.7M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831553187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.