Plan Ledger DOL Form 5500 · updated monthly

Rio Grande Co.401(k)

RIO GRANDE CO. PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Rio Grande Co. reported $33,473 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,096 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 0.13% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 362nd-largest of 1,461 plans among Colorado employers on file, and the 1,308th of 4,246 in wholesale trade. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 214 to 246 since 2022.

Plan summary
Net assets, end of year$31,379,078
Participants with balances247
Active participants246
Employer contributions$1,253,635
Employee contributions$1,153,709
Employer contribution per active participant$5,096
Average account balance$127,041
Benefits paid to participants$1,428,696
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 247 accts · $1.3M emplr
2023$26.3M · 244 accts · $1.2M emplr
2022$21.7M · 233 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,473
Total administrative$33,473
The Rio Grande Co. 401(k) match · 2024
Employer contribution per active participant$5,096
Median for plans this size$2,416
2024$5,096 per active participant
2023$5,472 per active participant
2022$5,103 per active participant

Rio Grande Co.'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.

Service providers · 20241

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$33,473 · 0.12%
2023$27,022 · 0.11%
2022$30,942 · 0.13%
Same employer
Similar plansWholesale Trade · Colorado
Hercules Industries, Inc. CO$39.4M · 0.00%
Jupiter I, L.L.C. CO$36.3M · 0.32%
Bonakemi USA, Inc. CO$30.4M · 0.37%
Lohmiller and Company CO$25.0M · 0.65%
Solaray LLC CO$24.9M · 0.44%
Mikron Corp Monroe CO$24.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840303990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.