Plan Ledger DOL Form 5500 · updated monthly

Rocky Mountain College, LLC dba Rocky Mountain College of Art + Design401(k)

ROCKY MOUNTAIN COLLEGE, LLC 401(K) PLAN · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Rocky Mountain College, LLC dba Rocky Mountain College of Art + Design reported $56,784 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,151 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 1.33% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Colorado (973rd of 1,461), and 2,406th of 3,091 in educational services. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 218 to 266 since 2022.

Plan summary
Net assets, end of year$6,229,259
Participants with balances159
Active participants266
Employer contributions$306,058
Employee contributions$603,322
Employer contribution per active participant$1,151
Average account balance$39,178
Benefits paid to participants$324,460
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 159 accts · $306K emplr
2023$4.8M · 156 accts · $270K emplr
2022$4.0M · 139 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,951
Investment management$31,833
Total administrative$56,784
The Rocky Mountain College, LLC dba Rocky Mountain College of Art + Design 401(k) match · 2024
Employer contribution per active participant$1,151
Median for plans this size$1,313
2024$1,151 per active participant
2023$968 per active participant
2022$1,175 per active participant

Rocky Mountain College, LLC dba Rocky Mountain College of Art + Design's 2024 employer contribution ran below 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$31,833
THE RETIREMENT ADVANTAGE INC · Contract administrator$11,233

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$56,784 · 1.03%
2023$41,205 · 0.95%
2022$56,291 · 1.33%
Same employer
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Bscs Science Learning CO$8.1M · 0.00%
Career Certified CO$6.2M · 1.55%
The Ce Shop LLC CO$2.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264058816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.