401(k) · DOL Form 5500 · 2024

Risk Administration Services, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
232
Participants Below avg headcount
82nd
Percentile by assets National rank
$177,296
Avg per participant Above avg balance/head
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Official DOL plan name: Ras 401(k) Plan · Sponsored by Risk Administration Services, Inc. · South Dakota · Finance & Insurance

$41M in assets, 232 participants

Risk Administration Services, Inc.'s Ras 401(k) Plan reported $41M in total assets and 232 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,138 in Finance & Insurance (8,549 peers)

Where Ras 401(k) Plan sits by assets

Ras 401(k) Plan sits in the top quartile of all filed plans by assets, $41M for 232 participants (~$177,296/participant), up 17.8% in 2024.

#6,138
in Finance & Insurance (8,549 peers)
+17.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Ras 401(k) Plan's outsized position by total assets

Ras 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$41,132,573 Top 18% higher than 82% of 123,620 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 2024

Ras 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ras 401(k) Plan sits mid-pack in the medium band (232 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ras 401(k) Plan reported participants rose from 170 in the plan year 2023 filing to 232 in the plan year 2024 filing.
  • Ras 401(k) Plan end-of-year assets rose from $35M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Ras 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 460407236 · Risk Administration Services, Inc. PY 2024 · 401(k)

Ras 401(k) Plan · $41M · 232 · 82nd

  • PCT $41M
  • PCT 232
  • PCT 82nd
  • PCT 401(k)
  • PCT near Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust
  • PCT ind #6138

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 Finance & Insurance retirement plans → · Plans in South Dakota →

Ras 401(k) Plan in the asset neighbourhood

Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and TrustCass County Electric Coopera…$41MRas 401(k) Plan$41MLl Flooring Holdings, Inc. 401(k) & Profit Sharing PlanLl Flooring Holdings, Inc. 4…$41MIh Mississippi Valley Credit Union 401(k) Plan & TrustIh Mississippi Valley Credit…$41MHenderson, Franklin, Starnes & Holt, P.a. Employee Profit Sharing PlanHenderson, Franklin, Starnes…$41M
End-of-year total assets ($M) among Ras 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$41M
Net Income$6M
Employer EIN460407236
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Risk Administration Services, Inc.)

Sponsor-wide plan assets over time

All Risk Administration Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 40.25779905461995% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.3M $41.1M ▲ +40.2%
Year Plans Participants Total Assets
2022 1 158 $29M
2023 1 170 $35M
2024 1 232 $41M

Nearby 401(k) Plans in South Dakota

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

Ras 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Ras 401(k) Plan, Total assets ($M): 41.132573 · Participants: 232Ras 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 811.221285 · Participants: 2881Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 278.292791 · Participants: 12199Good Samaritan Society 401(k) PlanPoet 401(k) Plan, Total assets ($M): 265.689062 · Participants: 2380Poet 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 262.560689 · Participants: 2369Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 240.594371 · Participants: 1821Premier 401(k) Plan
Ras 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

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

Outside South Dakota, the nearest 401(k) by assets is Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust in ND ($41M); by covered participants it is Aspen Therapy 401(k) Plan in OH (232 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (232 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ras 401(k) Plan assets move in 2024?
Ras 401(k) Plan grew sharply - up 17.8% during 2024, from $35M to $41M. Reported net income was $6M.
How have Risk Administration Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Risk Administration Services, Inc.'s sponsor-wide assets grew 40.3%, from $29M to $41M.
Where does Ras 401(k) Plan rank by assets among Form 5500 filers?
Ras 401(k) Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ras 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust in ND ($41M, 102 participants).
Which 401(k) plans cover a similar participant headcount to Ras 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Aspen Therapy 401(k) Plan in OH (232 participants, N/A in assets).