Plan Ledger DOL Form 5500 · updated monthly

Ringcentral Inc401(k)

RINGCENTRAL INC. · BELMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ringcentral Inc reported $262,422 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,959 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 0.04% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 516th-largest of 9,483 plans among California employers on file, and the 169th of 2,199 in information & media. In 2024, employees put in $4.36 for every $1.00 the employer contributed; active participation has shrunk from 2,394 to 2,023 since 2022.

Plan summary
Net assets, end of year$227,585,235
Participants with balances2,520
Active participants2,023
Employer contributions$5,986,582
Employee contributions$26,097,883
Employer contribution per active participant$2,959
Average account balance$90,312
Benefits paid to participants$25,600,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$227.6M · 2,520 accts · $6.0M emplr
2023$187.7M · 2,581 accts · $6.3M emplr
2022$146.1M · 2,718 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,812
Investment management$87,610
Total administrative$262,422
The Ringcentral Inc 401(k) match · 2024
Employer contribution per active participant$2,959
Median for plans this size$3,635
2024$2,959 per active participant
2023$2,841 per active participant
2022$2,899 per active participant

Ringcentral Inc's 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$174,812
USI ADVISORS, INC · Recordkeeping · Trustee$87,610

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

Recordkeeper by year2
2024ADP, USI ADVISORS, INC
2023ADP, USI ADVISORS, INC

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

Administrative cost history3
2024$262,422 · 0.13%
2023$202,870 · 0.12%
2022$64,799 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 943322844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.