Plan Ledger DOL Form 5500 · updated monthly

Rite-Solutions, Inc.401(k)

RITE-SOLUTIONS SAVINGS & INVESTMENT PLAN · PAWCATUCK, CT · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Rite-Solutions, Inc. reported $101,072 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $5,005 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 3 years on file its reported administrative ratio has held roughly steady near 0.171%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 262nd-largest of 1,106 plans among Connecticut employers on file, and the 2,232nd of 11,654 in professional & technical services. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 371 to 477 since 2022.

Plan summary
Net assets, end of year$63,750,972
Participants with balances606
Active participants477
Employer contributions$2,387,319
Employee contributions$3,653,295
Employer contribution per active participant$5,005
Average account balance$105,200
Benefits paid to participants$4,169,845
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.8M · 606 accts · $2.4M emplr
2023$54.4M · 551 accts · $2.1M emplr
2022$42.2M · 466 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,483
Investment management$70,589
Total administrative$101,072
The Rite-Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$5,005
Median for plans this size$3,635
2024$5,005 per active participant
2023$4,673 per active participant
2022$4,537 per active participant

Rite-Solutions, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
T.ROWE PRICE RPS, INC. · Recordkeeping · Trustee$30,483
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$70,589

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$101,072 · 0.17%
2023$88,377 · 0.18%
2022$79,717 · 0.17%
Same employer
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Pullman & Comley, LLC CT$86.4M · 0.03%
Fuss & Oneill, Inc. CT$81.2M · 0.01%
Icr, LLC CT$60.5M · 0.17%
Portfolio Advisors LLC CT$59.2M · 0.15%
Arvinas, Inc. CT$57.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061568667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.