Plan Ledger DOL Form 5500 · updated monthly

Rise Residential, LLC401(k)

RISE RESIDENTIAL, LLC RETIREMENT SAVINGS PLAN · VALDOSTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.98%

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

Rise Residential, LLC reported $51,890 in plan administrative expenses for 2023: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $563 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 0.92% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,541st of 2,160), and 1,419th of 2,096 in real estate & leasing. In 2023, employees put in $6.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,960,106
Participants with balances149
Active participants167
Employer contributions$94,002
Employee contributions$570,711
Employer contribution per active participant$563
Average account balance$40,001
Benefits paid to participants$188,799
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.0M · 149 accts · $94K emplr
2022$4.6M · 139 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,868
Investment management$20,022
Total administrative$51,890
The Rise Residential, LLC 401(k) match · 2023
Employer contribution per active participant$563
Median for plans this size$1,308
2023$563 per active participant
2022$460 per active participant

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

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE · Recordkeeping · Investment management$850
INFINEX INVESTMENTS, INC. · Investment advisory (participants)$12,235

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$51,890 · 0.98%
2022$45,596 · 0.92%
Same employer
Similar plansReal Estate & Leasing · Georgia
Eci Construction, LLC GA$8.6M · 1.45%
The Shopping Center Group GA$7.2M · 0.05%
Avila Real Estate, LLC GA$5.6M · 0.07%
Radco Residential, LLC GA$5.2M · 1.26%
Oxblue Corporation GA$4.9M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471371687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.