Plan Snapshot
- Plan Sponsor: Ratio States, LLC
- Sponsor EIN: 472339289
- Sponsor Address: 101 S PENNSYLVANIA STREET, INDIANAPOLIS, IN, 462043643
- Plan Type: 401(k)
- Total Participants: 215
- Total Assets: $34.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 215 | $34.5M | $363,712 | $2.1M |
| 2023 | 210 | $28.5M | $318,568 | $1.8M |
| 2022 | 180 | $24.6M | $290,333 | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $64,621 | — | $64,621 |
| SHEPHERD FINANCIAL INVESTMENT ADVIS | INVESTMENT ADVISORY | — | $33,718 | $33,718 |
| BARNES DENNIG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SHEPHERD FINANCIAL INVESTMENT ADVIS — INVESTMENT ADVISORY
- BARNES DENNIG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,339
- Estimated Expense Ratio: 0.285% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $64,621 | — | $64,621 | — | — |
| 2023 | $52,029 | — | $52,029 | — | — |
| 2022 | $10,282 | — | $10,282 | — | — |