Plan Ledger DOL Form 5500 · updated monthly

Real Services, Inc.403(b)

REAL SERVICES, INC. 403(B) PLAN · SOUTH BEND, IN · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

Real Services, Inc. reported $53,079 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,493 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 rose from 0.66% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (996th of 1,562), and 6,469th of 11,911 in health care & social assistance. In 2023, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 240 to 271 since 2022.

Plan summary
Net assets, end of year$7,965,601
Participants with balances285
Active participants271
Employer contributions$404,702
Employee contributions$582,639
Employer contribution per active participant$1,493
Average account balance$27,949
Benefits paid to participants$666,549
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 215 accts · $363K emplr
2023$8.0M · 285 accts · $405K emplr
2022$6.7M · 247 accts · $291K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$53,031
Total administrative$53,079
Employer contributions to the Real Services, Inc. plan · 2023
Employer contribution per active participant$1,493
Median for plans this size$1,308
2024$1,943 per active participant
2023$1,493 per active participant
2022$1,214 per active participant

Real Services, 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 · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,031
SIGMA PLANNING CORPORATION · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$72,594 · 0.94%
2023$53,079 · 0.73%
2022$46,706 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Noble Inc. IN$8.0M · 0.24%
Incremedical, LLC IN$7.9M · 0.29%
Swiss Village, Inc IN$7.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351157606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.