Plan Ledger DOL Form 5500 · updated monthly

Rda Management, Inc.401(k)

RDA MANAGEMENT COMPANY 401(K) PLAN · AKRON, OH · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Rda Management, Inc. reported $22,601 in plan administrative expenses for 2023: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,483 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 has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,587th of 3,295), and the 930th of 2,240 in accommodation & food services. In 2023, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,633,260
Participants with balances98
Active participants52
Employer contributions$77,113
Employee contributions$125,140
Employer contribution per active participant$1,483
Average account balance$47,278
Benefits paid to participants$519,715
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 98 accts · $77K emplr
2022$4.4M · 102 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,099
Investment management$10,502
Total administrative$22,601
The Rda Management, Inc. 401(k) match · 2023
Employer contribution per active participant$1,483
Median for plans this size$1,308
2023$1,483 per active participant
2022$1,330 per active participant

Rda Management, Inc.'s 2023 employer contribution ran above 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 · 20233
ADP, INC. · Loan processing · Recordkeeping$12,098
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$10,502
ADP BROKER-DEALER · 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 history2
2023$22,601 · 0.50%
2022$24,253 · 0.48%
Similar plansAccommodation & Food Services · Ohio
Howley Bread Group, LTD. OH$5.6M · 0.60%
Grube, Inc. OH$5.2M · 0.23%
Montgomery Inn, Inc. OH$4.5M · 0.52%
Shibley Management, Inc. OH$4.4M · 0.78%
Cassanos, Inc. OH$4.2M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341824939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.