Plan Ledger DOL Form 5500 · updated monthly

Ritalka, Incorporated401(k)

RITALKA, INC. 401(K) PLAN · MONTEVIDEO, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Ritalka, Incorporated reported $2,966 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $127 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,415th of 1,918), and 8,695th of 11,654 in professional & technical services. In 2024, employees put in $21.94 for every $1.00 the employer contributed; active participation has shrunk from 189 to 159 since 2022.

Plan summary
Net assets, end of year$7,979,053
Participants with balances172
Active participants159
Employer contributions$20,158
Employee contributions$442,264
Employer contribution per active participant$127
Average account balance$46,390
Benefits paid to participants$426,163
Plan auditUnmodified (clean) audit opinion
AuditorWESTBERG EISCHENS, PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 172 accts · $20K emplr
2023$6.9M · 178 accts · $26K emplr
2022$5.4M · 170 accts · $27K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,966
Total administrative$2,966
The Ritalka, Incorporated 401(k) match · 2024
Employer contribution per active participant$127
Median for plans this size$1,313
2024$127 per active participant
2023$136 per active participant
2022$140 per active participant

Ritalka, Incorporated's 2024 employer contribution ran below the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$32,940

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Ritalka, Incorporated before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,966 · 0.04%
2023$1,050 · 0.02%
2022$2,060 · 0.03%
Similar plansProfessional & Technical Services · Minnesota
Global Overview LLC MN$8.6M · 0.02%
Doherty Consulting, Inc. MN$8.5M · 0.12%
Netgain Technology, LLC. MN$8.4M · 0.05%
Araz Group de, LLC MN$8.0M · 1.08%
Razr Marketing, Inc. MN$7.9M · 0.03%
Compudyne Inc MN$7.6M · 0.46%
Digineer, Inc. MN$7.4M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411897814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.