Plan Ledger DOL Form 5500 · updated monthly

Rdv Staffing, Inc.401(k)

RDV STAFFING, INC. 401(K) RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Rdv Staffing, Inc. reported $80,731 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,397 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 0.34% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 841st-largest of 2,619 plans among Michigan employers on file, and the 486th of 2,534 in administrative & support services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 163 to 188 since 2022.

Plan summary
Net assets, end of year$27,321,026
Participants with balances214
Active participants188
Employer contributions$826,545
Employee contributions$1,810,358
Employer contribution per active participant$4,397
Average account balance$127,668
Benefits paid to participants$1,142,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 214 accts · $827K emplr
2023$22.5M · 196 accts · $671K emplr
2022$18.8M · 178 accts · $652K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,007
Investment management$50,724
Total administrative$80,731
The Rdv Staffing, Inc. 401(k) match · 2024
Employer contribution per active participant$4,397
Median for plans this size$2,416
2024$4,397 per active participant
2023$3,834 per active participant
2022$4,000 per active participant

Rdv Staffing, Inc.'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)$42,748
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,007
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,976

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$80,731 · 0.32%
2023$59,802 · 0.29%
2022$69,837 · 0.34%
Same employer
Similar plansAdministrative & Support Services · Michigan
Bio-Serv Corporation MI$35.5M · 0.27%
Exhibit Works, Inc. MI$31.9M · 0.41%
W&P Management, LLC MI$29.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383315590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.