Plan Ledger DOL Form 5500 · updated monthly

Rfs Technologies Inc.401(k)

RADIO FREQUENCY SYSTEMS, INC. SAVINGS PLAN · MERIDEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.17%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Rfs Technologies Inc. reported $47,502 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,175 per active participant. 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.

Across the 2 years on file its reported administrative ratio fell from 0.18% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 438th-largest of 1,106 plans among Connecticut employers on file, and the 805th of 2,199 in information & media. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has shrunk from 219 to 150 since 2022.

Plan summary
Net assets, end of year$29,077,173
Participants with balances250
Active participants150
Employer contributions$476,288
Employee contributions$718,400
Employer contribution per active participant$3,175
Average account balance$116,309
Benefits paid to participants$4,113,980
Plan auditUnmodified (clean) audit opinion
AuditorBEERS, HAMERMAN, COHEN & BURGER, PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 250 accts · $476K emplr
2023$27.9M · 252 accts · $578K emplr
2022$24.8M · 299 accts · $672K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,245
Investment management$11,257
Total administrative$47,502
The Rfs Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$3,175
Median for plans this size$2,416
2024$3,175 per active participant
2023$3,909 per active participant
2022$3,066 per active participant

Rfs Technologies Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,257

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$47,502 · 0.17%
2023$48,554 · 0.18%
2022$52,562 · 0.18%
Same employer
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Finalsite Holdings, Inc. CT$39.7M · 0.11%
Connoisseur Media, LLC CT$38.3M · 0.13%
The Taunton Press, Inc. CT$30.6M · 0.19%
Penny Publications, LLC CT$20.7M · 0.08%
Telaid Industries, Inc. CT$20.6M · 0.20%
Broadcastmed, Inc. CT$16.1M · 0.65%
The Day Publishing Company CT$15.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133379797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.