Plan Ledger DOL Form 5500 · updated monthly

Ryan Fireprotection, Inc.401(k)

R.F.I. 401(K) PLAN · NOBLESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ryan Fireprotection, Inc. reported $81,010 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,631 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 0.39% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 490th-largest of 1,562 plans among Indiana employers on file, and the 1,770th of 5,337 in construction. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 155 to 213 since 2022.

Plan summary
Net assets, end of year$24,385,390
Participants with balances230
Active participants213
Employer contributions$773,305
Employee contributions$1,601,200
Employer contribution per active participant$3,631
Average account balance$106,023
Benefits paid to participants$815,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 230 accts · $773K emplr
2023$19.9M · 183 accts · $627K emplr
2022$16.6M · 159 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,249
Investment management$54,761
Total administrative$81,010
The Ryan Fireprotection, Inc. 401(k) match · 2024
Employer contribution per active participant$3,631
Median for plans this size$2,416
2024$3,631 per active participant
2023$3,545 per active participant
2022$3,116 per active participant

Ryan Fireprotection, Inc.'s 2024 employer contribution ran above the $2,416 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
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$54,761

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$81,010 · 0.37%
2023$70,788 · 0.39%
2022$63,617 · 0.39%
Same employer
Similar plansConstruction · Indiana
Koetter Woodworking, Inc. IN$28.4M · 0.27%
Electricom LLC IN$26.5M · 0.29%
Custom Concrete Co., Inc IN$22.7M · 0.26%
R.T. Moore Co. Inc. IN$22.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351788848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.