Plan Ledger DOL Form 5500 · updated monthly

Right! Systems, Inc.401(k)

RIGHT! SYSTEMS, INC. 401(K) PROFIT SHARING RETIREMENT PLAN · MERIDIAN, ID · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Right! Systems, Inc. reported $100,851 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,676 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 0.46% to 0.34%. 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 69th-largest of 349 plans among Idaho employers on file, and the 978th of 5,215 in retail trade. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,949,628
Participants with balances125
Active participants86
Employer contributions$316,134
Employee contributions$1,067,656
Employer contribution per active participant$3,676
Average account balance$255,597
Benefits paid to participants$610,059
Plan auditUnmodified (clean) audit opinion
AuditorVWC, PS
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 125 accts · $316K emplr
2023$26.9M · 131 accts · $333K emplr
2022$20.4M · 129 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,851
Total administrative$100,851
The Right! Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,676
Median for plans this size$2,416
2024$3,676 per active participant
2023$3,622 per active participant
2022$2,660 per active participant

Right! Systems, Inc.'s 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$34,866
CHARLES SCHWAB TRUST COMPANY · Custodial (securities)indirect 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
2024The Standard
2023The Standard

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

Administrative cost history3
2024$100,851 · 0.34%
2023$71,747 · 0.30%
2022$87,027 · 0.46%
Similar plansRetail Trade · Idaho
Scentsy, Inc. ID$75.8M · 0.29%
Jacksons Food Stores, Inc. ID$50.7M · 0.32%
Parker Motors, Inc. ID$43.8M · 0.33%
Scandinavian Designs, Inc. ID$41.1M · 0.49%
Atkinsons Market Inc ID$25.2M · 0.28%
Manito Super 1 Foods Inc. ID$24.1M · 0.38%
Peterson Motor Company ID$23.5M · 0.60%
Commercial Tire, Inc. ID$21.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911603597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.