Ras 401(K) Plan — Form 5500 plan (Risk Administration Services, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ras 401(K) Plan is a benefit plan reported by Risk Administration Services, Inc. under EIN 46-0407236 and plan number 001. The latest loaded filing year is 2023. The filing reports 215 participants and $34,919,841 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Risk Administration Services, Inc.
- EIN
- 46-0407236
- Plan number
- 001
- Plan type
- 2
- Location
- Sioux Falls, SD
- Latest filing year
- 2023
- Participants
- 215
- End-of-year plan assets
- $34,919,841
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 215 | H, C | 20241014075545NAL0026782081001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,919,841
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,919,841
- Net assets (BOY)
- $29,326,407
Income & contributions
- Employer contributions
- $1,634,188
- Participant contributions
- $1,405,922
- Total contributions
- $4,377,956
- Total income / additions
- $9,131,790
Expenses & distributions
- Benefits paid
- $3,426,050
- Administrative expenses
- $110,998
- Total expenses
- $3,538,356
- Net increase / (decrease)
- $5,593,434
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benefit Plans Admin Services, Inc. | NONE | $94,228 | $0 | 2023 |
| Eide Bailly, Llp | NONE | $10,620 | not reported in the loaded dataset | 2023 |
| Redhawk Wealth Advisors, Inc. | NONE | $6,148 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Risk Administration Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SD
- 401(k) and benefit plan filings in Sioux Falls, SD
- Benefit Plans Admin Services, Inc. — Schedule C compensation
- Eide Bailly, Llp — Schedule C compensation
- Redhawk Wealth Advisors, Inc. — Schedule C compensation