Plan Ledger DOL Form 5500 · updated monthly

The Rfa Group, Inc.401(k)

THE RFA GROUP RETIREMENT SAVINGS PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

The Rfa Group, Inc. reported $99,646 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,046 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 0.278%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 576th-largest of 1,918 plans among Minnesota employers on file, and the 3,308th of 11,654 in professional & technical services. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 364 to 500 since 2022.

Plan summary
Net assets, end of year$39,910,093
Participants with balances543
Active participants500
Employer contributions$1,022,930
Employee contributions$3,333,293
Employer contribution per active participant$2,046
Average account balance$73,499
Benefits paid to participants$1,846,987
Plan auditUnmodified (clean) audit opinion
AuditorLB CARLSON
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 543 accts · $1.0M emplr
2023$31.8M · 494 accts · $824K emplr
2022$24.6M · 424 accts · $655K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,614
Investment management$60,032
Total administrative$99,646
The The Rfa Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,046
Median for plans this size$2,416
2024$2,046 per active participant
2023$1,864 per active participant
2022$1,799 per active participant

The Rfa Group, Inc.'s 2024 employer contribution ran below 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
ASCENSUS LLC · Loan processing · Recordkeeping$39,614
LPL FINANCIAL RPCP · Investment advisory (plan)$60,032

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$99,646 · 0.28%
2023$87,549 · 0.31%
2022$76,404 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Code 42 Software, Inc. MN$44.1M · 0.05%
Kfi Engineers, PC MN$43.5M · 0.21%
Sierra Bravo Corporation MN$41.2M · 0.16%
Calabrio, Inc. MN$38.4M · 0.41%
Larson Engineering, Inc. MN$36.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475512830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.