401(k) · DOL Form 5500 · 2024

The Rfa Group, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
536
Participants Below avg headcount
81st
Percentile by assets National rank
$74,459
Avg per participant Below avg balance/head
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Official DOL plan name: The Rfa Group Retirement Savings Plan · Sponsored by The Rfa Group, Inc. · Minnesota · Professional & Technical Services

$40M in assets, 536 participants

The Rfa Group, Inc.'s The Rfa Group Retirement Savings Plan reported $40M in total assets and 536 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,533 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

The Rfa Group Retirement Savings Plan covers 536 participants in Minnesota, about 48% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#16,533
in Professional & Technical Services (20,173 peers)
+25.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Rfa Group Retirement Savings Plan's outsized position by total assets

The Rfa Group Retirement Savings Plan vs every filed plan by assets

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

$39,910,093 Top 19% higher than 81% 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

The Rfa Group Retirement Savings 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. The Rfa Group Retirement Savings Plan sits mid-pack in the medium band (536 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Rfa Group Retirement Savings Plan end-of-year assets rose from $32M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • The Rfa Group Retirement Savings Plan reported participants rose from 468 in the plan year 2023 filing to 536 in the plan year 2024 filing.
  • The Rfa Group Retirement Savings Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 475512830 · The Rfa Group, Inc. PY 2024 · 401(k)

The Rfa Group Retirement Savings Plan · $40M · 536 · 81st

  • PCT $40M
  • PCT 536
  • PCT 81st
  • PCT 401(k)
  • PCT near Quantumscape Battery, Inc. 401(k) Plan
  • PCT ind #16533

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

The Rfa Group Retirement Savings Plan in the asset neighbourhood

The Rfa Group Retirement Savings PlanThe Rfa Group Retirement Sav…$40MQuantumscape Battery, Inc. 401(k) PlanQuantumscape Battery, Inc. 4…$40MRosina Food Products, Inc. 401(k) PlanRosina Food Products, Inc. 4…$40MUniversity Preparatory Academy 401(k) Retirement Plan & TrustUniversity Preparatory Acade…$40MStoropack, Inc. 401(k) Savings PlanStoropack, Inc. 401(k) Savin…$40M
End-of-year total assets ($M) among The Rfa Group Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$40M
Net Income$8M
Employer EIN475512830
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Rfa Group, Inc.)

Sponsor-wide plan assets over time

All The Rfa Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 62.5612994381119% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $24.6M $39.9M ▲ +62.6%
Year Plans Participants Total Assets
2022 1 380 $25M
2023 1 468 $32M
2024 1 536 $40M

Nearby 401(k) Plans in Minnesota

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

The Rfa Group Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants The Rfa Group Retirement Savings Plan, Total assets ($B): 0.039910093 · Participants: 536The Rfa Group Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
The Rfa Group Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

The Rfa Group Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Quantumscape Battery, Inc. 401(k) Plan in CA ($40M); by covered participants it is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (536 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 The Rfa Group Retirement Savings Plan assets move in 2024?
The Rfa Group Retirement Savings Plan grew sharply - up 25.7% during 2024, from $32M to $40M. Reported net income was $8M.
How have The Rfa Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Rfa Group, Inc.'s sponsor-wide assets grew 62.6%, from $25M to $40M.
Where does The Rfa Group Retirement Savings Plan rank by assets among Form 5500 filers?
The Rfa Group Retirement Savings Plan ranks in the 81st 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 The Rfa Group Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Quantumscape Battery, Inc. 401(k) Plan in CA ($40M, 847 participants).
Which 401(k) plans cover a similar participant headcount to The Rfa Group Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants, $92M in assets).