Plan Ledger DOL Form 5500 · updated monthly

Ripa and Associates, LLC401(k)

RIPA AND ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Ripa and Associates, LLC reported $21,566 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,242 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 0.17% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,351st-largest of 3,644 plans among Florida employers on file, and the 2,431st of 5,337 in construction. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 590 to 698 since 2022.

Plan summary
Net assets, end of year$15,324,779
Participants with balances372
Active participants698
Employer contributions$867,207
Employee contributions$1,783,420
Employer contribution per active participant$1,242
Average account balance$41,196
Benefits paid to participants$1,237,711
Plan auditUnmodified (clean) audit opinion
AuditorRG & CO
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 372 accts · $867K emplr
2023$12.4M · 336 accts · $355K emplr
2022$9.5M · 289 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,566
Total administrative$21,566
The Ripa and Associates, LLC 401(k) match · 2024
Employer contribution per active participant$1,242
Median for plans this size$2,416
2024$1,242 per active participant
2023$547 per active participant
2022$466 per active participant

Ripa and Associates, LLC's 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$20,031

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Ripa and Associates, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,566 · 0.16%
2023$19,766 · 0.18%
2022$16,926 · 0.17%
Same employer
Similar plansConstruction · Florida
Hypower, Inc. FL$15.1M · 0.13%
Bcb Homes, Inc. FL$14.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593497167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.