Plan Ledger DOL Form 5500 · updated monthly

Rcm of Washington, Inc.401(k)

RCM OF WASHINGTON, INC. 401(K) PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Rcm of Washington, Inc. reported $19,371 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,473 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 0.76% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (526th of 618), and 8,052nd of 11,911 in health care & social assistance. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 248 to 88 since 2022.

Plan summary
Net assets, end of year$4,745,188
Participants with balances91
Active participants88
Employer contributions$129,598
Employee contributions$267,498
Employer contribution per active participant$1,473
Average account balance$52,145
Benefits paid to participants$416,795
Plan auditUnmodified (clean) audit opinion
AuditorPENAN & SCOTT, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 91 accts · $130K emplr
2023$4.3M · 100 accts · $188K emplr
2022$3.4M · 104 accts · $186K emplr
The Rcm of Washington, Inc. 401(k) match · 2024
Employer contribution per active participant$1,473
Median for plans this size$1,313
2024$1,473 per active participant
2023$808 per active participant
2022$752 per active participant

Rcm of Washington, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$7,217
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,614
WILSHIRE ASSOCIATES INC. · Named fiduciary$582
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp

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$19,371 · 0.43%
2023$22,897 · 0.59%
2022$26,563 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · District of Columbia
Friendship Place DC$5.0M · 0.07%
La Clinica Del Pueblo DC$4.0M · 0.13%
Polaris Project DC$4.0M · 0.74%
Metro Homes, Inc. DC$3.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522072490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.