Plan Ledger DOL Form 5500 · updated monthly

Regional Management Corp.401(k)

REGIONAL MANAGEMENT CORP. SAVINGS & INVESTMENT PLAN · GREER, SC · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Regional Management Corp. reported $167,068 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,632 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 135th-largest of 807 plans among South Carolina employers on file, and the 1,880th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 1,446 to 1,671 since 2022.

Plan summary
Net assets, end of year$42,630,878
Participants with balances1,768
Active participants1,671
Employer contributions$2,727,294
Employee contributions$4,296,545
Employer contribution per active participant$1,632
Average account balance$24,112
Benefits paid to participants$5,919,561
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 1,768 accts · $2.7M emplr
2023$36.1M · 1,679 accts · $2.4M emplr
2022$26.2M · 1,557 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,314
Investment management$86,754
Total administrative$167,068
The Regional Management Corp. 401(k) match · 2024
Employer contribution per active participant$1,632
Median for plans this size$2,416
2024$1,632 per active participant
2023$1,433 per active participant
2022$1,494 per active participant

Regional Management Corp.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$86,754
JPMORGAN INVEST HOLDINGS LLC$80,314

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$167,068 · 0.42%
2023$133,528 · 0.43%
2022$114,557 · 0.43%
Same employer
Similar plansFinance & Insurance · South Carolina
The Conway National Bank SC$53.4M · 0.21%
Canal Insurance Company SC$51.1M · 0.01%
First Community Bank SC$42.1M · 0.24%
Safe Federal Credit Union SC$37.7M · 0.25%
Bank of Travelers Rest SC$35.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570847115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.