Plan Ledger DOL Form 5500 · updated monthly

Res Servicing Corp401(k)

RES SERVICING CORP 401(K) PROFIT SHARING PLAN & TRUST · KEW GARDENS, NY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Res Servicing Corp reported $38,369 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,098 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 0.58% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (3,931st of 5,648), and the 1,155th of 2,534 in administrative & support services. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,853,284
Participants with balances162
Active participants156
Employer contributions$171,215
Employee contributions$436,984
Employer contribution per active participant$1,098
Average account balance$48,477
Benefits paid to participants$122,487
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 162 accts · $171K emplr
2023$6.6M · 158 accts · $398K emplr
2022$5.3M · 198 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,617
Investment management$21,892
Trustee / custodial$860
Total administrative$38,369
The Res Servicing Corp 401(k) match · 2024
Employer contribution per active participant$1,098
Median for plans this size$1,313
2024$1,098 per active participant
2023$2,522 per active participant
2022$1,013 per active participant

Res Servicing Corp's 2024 employer contribution ran below the $1,313 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
PAYCHEX, INC. · Recordkeeping$15,885
RITHOLTZ WEALTH MANAGEMENT LLC · Investment advisory (participants)$21,767

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023Paychex, RITHOLTZ WEALTH MANAGEMENT LLC

This plan has changed recordkeepers within these filings. If you left Res Servicing Corp before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,369 · 0.53%
2023$34,465 · 0.58%
2022$31,704 · 0.58%
Similar plansAdministrative & Support Services · New York
Jzanus Consulting, Inc. NY$9.2M · 0.46%
Winston Resources, LLC NY$7.7M · 0.26%
Agency Within LLC NY$7.3M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113455901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.