Plan Ledger DOL Form 5500 · updated monthly

RISE48 Am, LLC401(k)

RISE48 GROUP 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
3.03%

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

RISE48 Am, LLC reported $49,409 in plan administrative expenses for 2024: 3.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,864 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 2.03% to 3.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Arizona (1,046th of 1,285), and 4,651st of 4,798 in finance & insurance. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,121,057
Participants with balances357
Active participants229
Employer contributions$426,946
Employee contributions$760,368
Employer contribution per active participant$1,864
Average account balance$5,941
Benefits paid to participants$399,073
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.1M · 357 accts · $427K emplr
2023$1.1M · 216 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,187
Investment management$222
Audit (IQPA)$12,000
Total administrative$49,409
The RISE48 Am, LLC 401(k) match · 2024
Employer contribution per active participant$1,864
Median for plans this size$1,313
2024$1,864 per active participant
2023$1,905 per active participant

RISE48 Am, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
MEIHAUS CPA, PC · Accounting / audit$12,000
MMA SECURITIES LLC$10,000
NOVA 401(K) ASSOCIATES · Contract administrator$5,082

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

Administrative cost history2
2024$49,409 · 3.03%
2023$13,795 · 2.03%
Same employer
Similar plansFinance & Insurance · Arizona
Jfq Lending, LLC AZ$3.8M · 1.93%
Fiduciary Wise, LLC AZ$3.2M · 1.37%
Enterprise Bank & Trust AZ$2.5M · 0.10%
Micamp Solutions LLC AZ$405K · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852412080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.