Plan Ledger DOL Form 5500 · updated monthly

Rcs Corporation401(k)

RCS CORPORATION 401(K) RETIREMENT PLAN · CHARLOTTE, NC · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Rcs Corporation reported $14,715 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,258 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 1 year on file its reported administrative ratio fell from 0.33% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,438th of 2,005), and 1,408th of 2,534 in administrative & support services. In 2023, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,282,460
Participants with balances127
Active participants91
Employer contributions$114,437
Employee contributions$369,747
Employer contribution per active participant$1,258
Average account balance$41,594
Benefits paid to participants$384,166
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$5.3M · 127 accts · $114K emplr
2022$4.6M · 127 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,332
Investment management$383
Total administrative$14,715
The Rcs Corporation 401(k) match · 2023
Employer contribution per active participant$1,258
Median for plans this size$1,308
2023$1,258 per active participant
2022$779 per active participant

Rcs Corporation's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$383

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

Administrative cost history2
2023$14,715 · 0.30%
2022$16,392 · 0.33%
Similar plansAdministrative & Support Services · North Carolina
Academi LLC NC$6.1M · 0.22%
The Budd Group, Inc. NC$5.4M · 0.32%
Bni Global LLC NC$5.4M · 0.12%
Demayo Holding, Inc. NC$5.0M · 1.06%
Trident Management, Inc. NC$4.3M · 0.15%
Rcs Corporation NC$4.2M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 743009331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.