401(k) · DOL Form 5500 · 2023

Razor Consulting Solutions 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
186
Participants Below avg headcount
29th
Percentile by assets National rank
$9,229
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Razor Consulting Solutions 401(k) Plan · Sponsored by Razor Consulting Solutions · North Dakota · Manufacturing

$2M in assets, 186 participants

Razor Consulting Solutions's Razor Consulting Solutions 401(k) Plan reported $2M in total assets and 186 participants in its 2023 DOL Form 5500 filing, ranking in the 29th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,560 in Manufacturing (18,722 peers)

Coverage in North Dakota

Razor Consulting Solutions 401(k) Plan covers 186 participants in North Dakota, about 37% of the average North Dakota filer (state average ~504 per filing). Assets: $2M.

#2,560
in Manufacturing (18,722 peers)
+42.2%
assets growth YoY

Razor Consulting Solutions 401(k) Plan among the smaller filed plans by assets

Razor Consulting Solutions 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,716,502 29th percentile higher than 29% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Razor Consulting Solutions 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Razor Consulting Solutions 401(k) Plan sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Razor Consulting Solutions 401(k) Plan reported net income rose from $124K in the plan year 2022 filing to $517K in the plan year 2023 filing.
  • Razor Consulting Solutions 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 461675687 · Razor Consulting Solutions PY 2023 · 401(k)

Razor Consulting Solutions 401(k) Plan · $2M · 186 · 29th

  • PCT $2M
  • EIN 186
  • RANK 29th
  • PHOTO 401(k)
  • IND near Senior Services of America, LLC 401(k) Plan
  • EOY ind #2560

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Dakota →

Razor Consulting Solutions 401(k) Plan in the asset neighbourhood

Razor Consulting Solutions 401(k) PlanRazor Consulting Solutions 4…$2MSenior Services of America, LLC 401(k) PlanSenior Services of America, …$2MRicetec, Inc. Retirement Savings Plan for Puerto Rico EmployeesRicetec, Inc. Retirement Sav…$2MCove Family Practice, Inc. 401(k) Profit Sharing PlanCove Family Practice, Inc. 4…$2MSet Screw & Mfg Co. 401(k) PlanSet Screw & Mfg Co. 401(k) P…$2M
End-of-year total assets ($M) among Razor Consulting Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$517K
Employer EIN461675687
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Razor Consulting Solutions)

Sponsor-wide plan assets over time

All Razor Consulting Solutions plans reported in each filing year

Latest sponsor-wide plan assets
$2M 84.04536743013419% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.21M $2.22M ▲ +83.5%
Year Plans Participants Total Assets
2022 1 186 $1M
2023 1 186 $2M
2024 1 172 $2M

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Razor Consulting Solutions 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Razor Consulting Solutions 401(k) Plan, Total assets ($B): 0.001716502 · Participants: 186Razor Consulting Solutions 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing Plan
Razor Consulting Solutions 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Razor Consulting Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Senior Services of America, LLC 401(k) Plan in WA ($2M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Razor Consulting Solutions 401(k) Plan assets move in 2023?
Razor Consulting Solutions 401(k) Plan surged - up 42.2% during 2023, from $1M to $2M. Reported net income was $517K.
How have Razor Consulting Solutions plan assets changed over time?
Across 3 plan years on file (2022-2024), Razor Consulting Solutions's sponsor-wide assets grew 84.0%, from $1M to $2M.
Which 401(k) plans are similar in size to Razor Consulting Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Senior Services of America, LLC 401(k) Plan in WA ($2M, 436 participants).
Which 401(k) plans cover a similar participant headcount to Razor Consulting Solutions 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (186 participants, $1M in assets).