Plan Ledger DOL Form 5500 · updated monthly

Rxp Agency, LLC401(k)

RXP AGENCY, LLC 401(K) PLAN · NEW ALBANY, OH · plan year 2023

Reported admin expense ratio · 2023
1.99%

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

Rxp Agency, LLC reported $24,309 in plan administrative expenses for 2023: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $696 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 2.67% to 1.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Ohio (3,069th of 3,295), and 2,115th of 2,199 in information & media. In 2023, employees put in $4.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,614,399
Participants with balances178
Active participants168
Employer contributions$116,931
Employee contributions$542,836
Employer contribution per active participant$696
Average account balance$9,070
Benefits paid to participants$272,112
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 142 accts · $83K emplr
2023$1.6M · 178 accts · $117K emplr
2022$833K · 200 accts · $125K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,309
Total administrative$24,309
The Rxp Agency, LLC 401(k) match · 2023
Employer contribution per active participant$696
Median for plans this size$1,308
2024$603 per active participant
2023$696 per active participant
2022$670 per active participant

Rxp Agency, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$24,309
OPPENHEIMER & CO · Investment advisory (plan)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$28,166 · 1.75%
2023$24,309 · 1.99%
2022$17,917 · 2.67%
Same employer
Similar plansInformation & Media · Ohio
Vox Mobile, Inc. OH$2.1M · 1.69%
T-Cetra LLC OH$1.9M · 0.99%
Omni Fiber, LLC OH$1.7M · 0.34%
Slayton Wireless, LLC OH$1.6M · 0.10%
Rebiz LLC OH$213K · 0.17%
Delphos Herald, Inc. OH$146K · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474743873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.