What are the fees in the New Rez, LLC 401(k) plan?

For plan year 2022, New Rez, LLC reported $37,914 in plan administrative expenses, or 0.04% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the New Rez, LLC 401(k)?

The average participant account balance was $1,048 for plan year 2022, based on 5,152 accounts.

New Rez, LLC401(k)

Name: New Rez, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

THE NEWREZ FAMILY OF COMPANIES 401(K) PLAN · PLYMOUTH MEETING, PA · plan year 2022

Reported admin expense ratio · 2022

0.04%

New Rez, LLC reported $37,914 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (2,837th of 3,651), and 4,423rd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,399,902
Participants with balances5,152
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$1,048
Benefits paid to participants$910,450
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY US LLP

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$5.4M · 5,152 accts

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$37,914

Total administrative$37,914

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$37,914 · 0.04%

Same employer

New Rez, LLC's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 371542226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.