Plan Ledger DOL Form 5500 · updated monthly

Regency Management Services401(k)

REGENCY FURNITURE 401(K) PLAN · BRANDYWINE, MD · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

Regency Management Services reported $39,890 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.52% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,400th of 1,671), and 4,224th of 5,215 in retail trade. active participation has grown from 173 to 643 since 2022.

Plan summary
Net assets, end of year$3,442,877
Participants with balances170
Active participants643
Employer contributions$0
Employee contributions$383,903
Employer contribution per active participant$0
Average account balance$20,252
Benefits paid to participants$292,530
Plan auditUnmodified (clean) audit opinion
AuditorHANDWERGER, CARDEGNA, FUNKHOUSER &A
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 170 accts
2023$3.0M · 237 accts
2022$2.4M · 242 accts
Administrative expenses, itemized · 2024
Investment management$39,890
Total administrative$39,890
The Regency Management Services 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Regency Management Services's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$26,548
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$13,342

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$39,890 · 1.24%
2023$38,775 · 1.44%
2022$39,845 · 1.52%
Same employer
Similar plansRetail Trade · Maryland
Alko Distributors, Inc. MD$4.0M · 0.02%
Esco, LTD. MD$3.2M · 1.04%
B.A.F.S., Inc. MD$2.8M · 0.82%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272059558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.