Plan Ledger DOL Form 5500 · updated monthly

Rdv Corporation401(k)

RDV CORPORATION 401(K) RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Rdv Corporation reported $92,703 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,260 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 0.27% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 612th-largest of 2,619 plans among Michigan employers on file, and the 315th of 786 in management of companies. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 176 to 201 since 2022.

Plan summary
Net assets, end of year$40,673,758
Participants with balances234
Active participants201
Employer contributions$1,057,321
Employee contributions$2,544,869
Employer contribution per active participant$5,260
Average account balance$173,819
Benefits paid to participants$5,111,502
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 234 accts · $1.1M emplr
2023$36.3M · 219 accts · $1.0M emplr
2022$29.3M · 194 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,840
Investment management$7,704
Total administrative$92,703
The Rdv Corporation 401(k) match · 2024
Employer contribution per active participant$5,260
Median for plans this size$2,416
2024$5,260 per active participant
2023$5,623 per active participant
2022$5,373 per active participant

Rdv Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$57,160
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,840
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,704

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$92,703 · 0.24%
2023$67,223 · 0.21%
2022$85,299 · 0.27%
Same employer
Similar plansManagement of Companies · Michigan
Soave Enterprises, LLC MI$81.6M · 0.35%
Esi-Us Holdings, Inc. MI$34.3M · 0.15%
Hines Corporation MI$33.2M · 0.25%
Mno-Bmadsen MI$22.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382977544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.