Plan Ledger DOL Form 5500 · updated monthly

Risas Dental Management LLC401(k)

RISAS DENTAL & BRACES 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Risas Dental Management LLC reported $23,565 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $891 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 1 year on file its reported administrative ratio rose from 0.07% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (810th of 1,285), and 7,730th of 11,911 in health care & social assistance. In 2023, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,334,650
Participants with balances323
Active participants366
Employer contributions$326,031
Employee contributions$667,369
Employer contribution per active participant$891
Average account balance$16,516
Benefits paid to participants$499,758
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.3M · 323 accts · $326K emplr
2022$3.9M · 536 accts · $936K emplr
Administrative expenses, itemized · 2023
Investment management$23,565
Total administrative$23,565
The Risas Dental Management LLC 401(k) match · 2023
Employer contribution per active participant$891
Median for plans this size$1,308
2023$891 per active participant
2022$2,645 per active participant

Risas Dental Management LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GALLACHER CAPITAL MANAGEMENT · Recordkeeping · Pension consulting$28,340
ADP, INC. · Loan processing · Recordkeeping$6,703

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

Administrative cost history2
2023$23,565 · 0.51%
2022$2,688 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Great Elm Healthcare, LLC AZ$5.8M · 1.06%
Community Food Bank, Inc. AZ$5.5M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454855168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.