Ratio States, LLC 401(K) Plan — Form 5500 plan (Ratio States, LLC)
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, Ratio States, LLC 401(K) Plan is a benefit plan reported by Ratio States, LLC under EIN 47-2339289 and plan number 002. The latest loaded filing year is 2023. The filing reports 239 participants and $28,484,594 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$28.5MPlan net assets, end of year$28,484,594
Participants239Covered participants reported
Assets / participant$119.2KComputed: assets ÷ participants$119,182 (computed)
Provider compensation$78.6K2 Schedule C provider row(s)$78,601
- Plan sponsor
- Ratio States, LLC
- EIN
- 47-2339289
- Plan number
- 002
- Plan type
- 2
- Location
- Indianapolis, IN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 239 | H, C | 20240917125754NAL0005221712001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$28.5M total assets
Net assets$28.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $28,484,594
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,484,594
- Net assets (BOY)
- $24,570,001
Income & contributions
- Employer contributions
- $318,568
- Participant contributions
- $1,795,511
- Total contributions
- $2,249,168
- Total income / additions
- $6,782,915
Expenses & distributions
- Benefits paid
- $2,816,293
- Administrative expenses
- $52,029
- Total expenses
- $2,868,322
- Net increase / (decrease)
- $3,914,593
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $52,028 | $0 | 2023 |
| Shepherd Financial Investment Advis | INVESTMENT ADVISORY | $0 | $26,573 | 2023 |