The Rasmussen Group, Inc. 401(k) Plan: Login, Facts & Contact Information

The Rasmussen Group, Inc. 401(k) Plan Facts

Plan name
THE RASMUSSEN GROUP, INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE RASMUSSEN GROUP, INC.
Participants
896 (912 active employees)
Former employees with a balance
122
Plan assets
$46,519,916 at Dec 31, 2024
Average account balance
$63,726 across 730 accounts
Employer contributions
$1,145,912 in plan year 2024 (11% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1993
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.2 million went into the plan in contributions, $1.15 million of it from the employer (11%).
  • $6.09 million was paid out to participants.
  • Investment and other income added $5.32 million.
  • Administrative expenses were $148,635, about $204 per account.

How the The Rasmussen Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019770$25.7 million$806,284$2.63 million
2020821$32.4 million$887,354$1.16 million
2021780$39.0 million$1.02 million$2.35 million
2022795$32.7 million$937,467$3.44 million
2023945$37.2 million$953,474$5.29 million
2024896$46.5 million$1.15 million$6.09 million

The Rasmussen Group, Inc. 401(k) Contact Information

Phone
515-266-5173
Mailing address
PO BOX 3333 5550 NE 22ND STREET, DES MOINES IA 50316
Plan sponsor
THE RASMUSSEN GROUP, INC.
Employer identification number (EIN)
42-1022912
Plan number
001

Questions about the The Rasmussen Group, Inc. 401(k)

Does The Rasmussen Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.15 million, 11% of all contributions.

Does the The Rasmussen Group, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the The Rasmussen Group, Inc 401(k) plan?

896 participants at the start of plan year 2024, 912 of them active employees, and 122 former employees who still had money in the plan.

What is the average 401(k) balance at The Rasmussen Group, Inc?

About $63,726 per account: $46.5 million in plan assets across 730 accounts with a balance at the end of plan year 2024.

Who manages the The Rasmussen Group, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Rasmussen Group, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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