Plan Ledger DOL Form 5500 · updated monthly

Rising Ground, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF RISING GROUND, INC. · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Rising Ground, Inc. reported $37,818 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $791 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 rose from 0.04% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,490th-largest of 5,648 plans among New York employers on file, and the 2,065th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 2,459 to 3,459 since 2022.

Plan summary
Net assets, end of year$44,307,269
Participants with balances2,874
Active participants3,459
Employer contributions$2,735,221
Employee contributions$3,785,060
Employer contribution per active participant$791
Average account balance$15,417
Benefits paid to participants$7,195,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 2,874 accts · $2.7M emplr
2023$40.1M · 2,957 accts · $2.4M emplr
2022$34.0M · 2,689 accts · $2.1M emplr
The Rising Ground, Inc. 401(k) match · 2024
Employer contribution per active participant$791
Median for plans this size$2,416
2024$791 per active participant
2023$805 per active participant
2022$874 per active participant

Rising Ground, Inc.'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$37,818

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,818 · 0.09%
2023$42,754 · 0.12%
2022$13,409 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · New York
Springbrook Ny, Inc. NY$44.8M · 0.23%
Four Winds, Inc. NY$42.1M · 0.36%
The Animal Medical Center NY$41.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131860451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.