Plan Ledger DOL Form 5500 · updated monthly

Rsource, LLC401(k)

KNOWTION HEALTH 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Rsource, LLC reported $34,783 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $215 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 0.35% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (2,025th of 3,644), and 773rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $7.82 for every $1.00 the employer contributed; active participation has grown from 433 to 712 since 2022.

Plan summary
Net assets, end of year$7,930,497
Participants with balances381
Active participants712
Employer contributions$152,847
Employee contributions$1,195,763
Employer contribution per active participant$215
Average account balance$20,815
Benefits paid to participants$635,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 381 accts · $153K emplr
2023$5.9M · 383 accts · $119K emplr
2022$4.4M · 479 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,275
Investment management$3,508
Total administrative$34,783
The Rsource, LLC 401(k) match · 2024
Employer contribution per active participant$215
Median for plans this size$1,313
2024$215 per active participant
2023$183 per active participant

Rsource, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,337
MML INVESTORS SERVICES LLC · Investment advisory (plan)$6,005
VOYA RETIREMENT INSURANCE ANNUITY · Investment advisory (participants)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$34,783 · 0.50%
2023$19,664 · 0.38%
2022$15,688 · 0.35%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Tampa Bay Downs FL$7.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261268348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.