Plan Ledger DOL Form 5500 · updated monthly

Republic Mortgage Insurance Co401(k)

THE REPUBLIC MORTGAGE INSURANCE COMPANY AND AFFILI · WINSTON SALEM, NC · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Republic Mortgage Insurance Co reported $86 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,015 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 472nd-largest of 2,005 plans among North Carolina employers on file, and the 2,011th of 4,798 in finance & insurance. In 2022, the employer put in $2.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$38,680,958
Participants with balances156
Active participants47
Employer contributions$188,700
Employee contributions$83,818
Employer contribution per active participant$4,015
Average account balance$247,955
Benefits paid to participants$5,312,113
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$86
Total administrative$86
The Republic Mortgage Insurance Co 401(k) match · 2022
Employer contribution per active participant$4,015
Median for plans this size$2,266

Republic Mortgage Insurance Co's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$86 · 0.00%
Similar plansFinance & Insurance · North Carolina
Peoples Bank NC$36.6M · 0.09%
Uwharrie Capital Corp NC$32.1M · 0.23%
North State Bank NC$30.9M · 0.32%
Lane & Associates, Inc. NC$28.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561031043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.