Plan Snapshot
- Plan Sponsor: Ryan Specialty, LLC
- Sponsor EIN: 272122990
- Sponsor Address: 155 N. WACKER DRIVE, SUITE 4000, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 4,873
- Total Assets: $635.5M
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 | 4,873 | $635.5M | $25.1M | $55.0M |
| 2023 | 4,222 | $502.8M | $21.3M | $47.1M |
| 2022 | 3,757 | $360.8M | $17.3M | $38.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $149,237 | — | $149,237 |
| GRANT THORNTON LLP | NONE | $6,300 | — | $6,300 |
| GRANT THORNTON | Auditor | $6,300 | — | $6,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — NONE
- GRANT THORNTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,837
- Estimated Expense Ratio: 0.025% 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 | $156,737 | — | — | $6,300 | — |
| 2023 | $161,299 | — | — | $4,200 | — |
| 2022 | $305,326 | — | $305,326 | — | — |