Plan Ledger DOL Form 5500 · updated monthly

Ruffalo Noel Levitz401(k)

RUFFALO NOEL LEVITZ 401(K) PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ruffalo Noel Levitz reported $71,276 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,433 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 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 174th-largest of 878 plans among Iowa employers on file, and the 483rd of 2,199 in information & media. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 482 to 350 since 2022.

Plan summary
Net assets, end of year$54,614,559
Participants with balances574
Active participants350
Employer contributions$1,201,636
Employee contributions$2,688,948
Employer contribution per active participant$3,433
Average account balance$95,147
Benefits paid to participants$8,661,495
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV
Plan history3
Yearassets · accounts · employer contribution
2024$54.6M · 574 accts · $1.2M emplr
2023$52.2M · 649 accts · $1.3M emplr
2022$50.4M · 699 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,536
Audit (IQPA)$42,573
Trustee / custodial$167
Total administrative$71,276
The Ruffalo Noel Levitz 401(k) match · 2024
Employer contribution per active participant$3,433
Median for plans this size$3,635
2024$3,433 per active participant
2023$3,013 per active participant
2022$3,022 per active participant

Ruffalo Noel Levitz's 2024 employer contribution ran below 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$28,536
HAYS FINANCIAL GROUP LLC · Investment advisory (plan)$42,573

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$71,276 · 0.13%
2023$63,037 · 0.12%
2022$81,276 · 0.14%
Same employer
Similar plansInformation & Media · Iowa
Lee Enterprises, Inc. IA$447.9M · 0.03%
Businessolver.com, Inc. IA$95.8M · 0.26%
Kingland Systems, LLC IA$32.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481289593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.