Rise, Inc. 401(k) Review & Grade
Rise Inc. 403(b) Employee Retirement Plan
Mesa, AZReal Estate & Rental2,889 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$22Employer $ per active participant
$231Employee $ saved per active participant
1.46%Direct admin cost, % of plan assets
$4.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.0 / 504th percentile for employer $ per participant
- Low cost0.6 / 252th percentile for low admin cost vs. same-size plans
- Employee saving0.0 / 150th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score1 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 2,500–9,999 active participants (50 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 2th |
| Employee saving | 0th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Rise put in about $22 per active participant, below the typical peer ($1,141). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.46% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $62,223 |
| Participant (employee) contributions | $667,206 |
| Other contributions (incl. rollovers in) | $26,621 |
| Administrative expenses paid from the plan | $59,959 |
| Contract administrator fees | $48,926 |
| Investment advisory & management fees | $11,033 |
| Benefits paid out | $345,774 |
| Net assets, start / end of year | $3.7M / $4.5M |
| Active participants, start / end of year | 2,826 / 2,952 |
| Participants with account balances | 351 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Tull, Forsberg & Olson, PLC |
Largest service providers (Schedule C)
| Stancorp Financial Group | $48,925 reported compensation |
| Ep Wealth Advisors, LLC | $11,033 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015134739NAL0002391715001, received 2025-10-15, EIN 87-0454287, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.