Plan Ledger DOL Form 5500 · updated monthly

Reliable Software Resources, Inc.401(k)

RELIABLE SOFTWARE RESOURCES, INC. 401K · NORTHVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Reliable Software Resources, Inc. reported $550 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $56 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,436th of 2,619), and 7,531st of 11,654 in professional & technical services. In 2024, employees put in $251.93 for every $1.00 the employer contributed; active participation has shrunk from 258 to 62 since 2022.

Plan summary
Net assets, end of year$11,528,758
Participants with balances122
Active participants62
Employer contributions$3,453
Employee contributions$869,916
Employer contribution per active participant$56
Average account balance$94,498
Benefits paid to participants$651,189
Plan auditUnmodified (clean) audit opinion
AuditorNDP GROUP CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 122 accts · $3K emplr
2023$9.4M · 107 accts
2022$7.4M · 124 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$550
Total administrative$550
The Reliable Software Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$56
Median for plans this size$2,416

Reliable Software Resources, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$550

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$550 · 0.01%
2023$1,825 · 0.02%
2022$1,525 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Michigan
Hook Studios LLC MI$12.0M · 0.12%
Rgbsi, Inc. MI$11.8M · 0.21%
Iri Consultants, Inc. MI$11.5M · 0.44%
Coretek, Inc. MI$11.3M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651218462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.