# Ridley Usa INC. DB Plan
Source: https://planprovider.pro/companies/ridley-usa-inc-411875165-003

> Ridley Usa INC.&#39;s DB plan: 62 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ridley Usa INC.

- **Sponsor EIN:** 411875165

- **Sponsor Address:** 111 W CHERRY STREET, MANKATO, MN, 56001

- **Plan Type:** DB

- **Plan Number:** 003

- **Total Participants:** 62

- **Total Assets:** $17.8M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|62|$17.8M|$0|$0|

| 2023|66|$17.5M|$0|$0|

| 2022|74|$18.4M|$0|$0|

## 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|Recordkeeper|$72,840|—|$72,840|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $72,840

- **Estimated Expense Ratio:** 0.410% 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|$110,311|—|$72,840|—|—|

| 2023|$104,881|—|$68,977|—|—|

| 2022|$127,441|—|$60,217|—|—|

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