Plan Ledger DOL Form 5500 · updated monthly

Riskonnect, Inc.401(k)

RISKONNECT, INC. 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Riskonnect, Inc. reported $199,669 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,020 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 0.49% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 383rd-largest of 2,160 plans among Georgia employers on file, and the 2,207th of 11,654 in professional & technical services. In 2024, employees put in $4.67 for every $1.00 the employer contributed; active participation has grown from 525 to 609 since 2022.

Plan summary
Net assets, end of year$64,947,915
Participants with balances667
Active participants609
Employer contributions$1,230,188
Employee contributions$5,744,746
Employer contribution per active participant$2,020
Average account balance$97,373
Benefits paid to participants$4,751,234
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.9M · 667 accts · $1.2M emplr
2023$34.2M · 453 accts · $497K emplr
2022$24.4M · 464 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,584
Investment management$6,194
Total administrative$199,669
The Riskonnect, Inc. 401(k) match · 2024
Employer contribution per active participant$2,020
Median for plans this size$2,416
2024$2,020 per active participant
2023$993 per active participant
2022$745 per active participant

Riskonnect, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
MERCER (US) INC MERCER INVESTMENTS · Consulting · Insurance services$140,909
EMPOWER ADVISORY GROUP, LLC · Investment management$6,194

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

Administrative cost history3
2024$199,669 · 0.40%
2023$132,610 · 0.45%
2022$117,347 · 0.49%
Same employer
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Mauldin & Jenkins, LLC GA$70.5M · 0.10%
Bennett Thrasher, LLP GA$69.6M · 0.13%
Rodl Management, Inc. GA$69.0M · 0.13%
Pond & Company GA$65.2M · 0.15%
Janus Research Group, LLC GA$62.1M · 0.05%
Newfields Companies, LLC GA$60.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260842782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.