Plan Ledger DOL Form 5500 · updated monthly

The Rethink Group Inc401(k)

THE RETHINK GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · CUMMING, GA · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

The Rethink Group Inc reported $35,476 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,524 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 1 year on file its reported administrative ratio fell from 0.44% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Georgia (1,422nd of 2,160), and 1,686th of 2,199 in information & media. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,464,137
Participants with balances113
Active participants103
Employer contributions$259,972
Employee contributions$577,021
Employer contribution per active participant$2,524
Average account balance$66,054
Benefits paid to participants$533,691
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$7.2M · 112 accts · $295K emplr
2022$7.5M · 113 accts · $260K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,701
Investment management$20,775
Total administrative$35,476
The The Rethink Group Inc 401(k) match · 2022
Employer contribution per active participant$2,524
Median for plans this size$1,114
2023$3,206 per active participant
2022$2,524 per active participant

The Rethink Group Inc's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$29,353 · 0.40%
2022$35,476 · 0.44%
Similar plansInformation & Media · Georgia
Roadie, Inc. GA$9.1M · 0.31%
Aspirent Consulting LLC GA$8.1M · 0.06%
Fiberlight, LLC GA$7.9M · 0.12%
Times-Journal, Inc. GA$7.4M · 0.87%
Intellum, Inc. GA$6.9M · 0.58%
Florence Healthcare, Inc. GA$6.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582194943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.