Plan Ledger DOL Form 5500 · updated monthly

Rimon, P.C.401(k)

RIMON 401(K) SAVINGS PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Rimon, P.C. reported $1,731 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,076 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 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 99th-largest of 349 plans among Idaho employers on file, and the 5,010th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 157 to 105 since 2022.

Plan summary
Net assets, end of year$23,316,464
Participants with balances120
Active participants105
Employer contributions$637,949
Employee contributions$1,438,211
Employer contribution per active participant$6,076
Average account balance$194,304
Benefits paid to participants$2,524,665
Plan auditUnmodified (clean) audit opinion
AuditorLEAVITT CHRISTNESEN & CO., PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 120 accts · $638K emplr
2023$20.3M · 130 accts · $640K emplr
2022$16.9M · 159 accts · $759K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$563
Investment management$1,168
Total administrative$1,731
The Rimon, P.C. 401(k) match · 2024
Employer contribution per active participant$6,076
Median for plans this size$2,416
2024$6,076 per active participant
2023$5,330 per active participant
2022$4,832 per active participant

Rimon, P.C.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$1,731 · 0.01%
2023$2,487 · 0.01%
2022$4,991 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Idaho
Compunet Inc ID$53.8M · 0.02%
Atx Peo Services, Inc. ID$35.3M · 1.15%
Ataraxis, Inc. ID$34.3M · 1.50%
The Internet Truckstop, LLC ID$30.0M · 0.50%
Keller Associates, Inc. ID$20.7M · 0.42%
Gravity Payments, Inc. ID$15.7M · 0.28%
Dc Engineering, Inc. ID$13.5M · 0.51%
Tackle.Io, Inc. ID$11.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208147375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.