Plan Ledger DOL Form 5500 · updated monthly

Research Management Consultants, Inc.401(k)

RMCI 401(K) PROFIT SHARING PLAN AND TRUST · OAK HILL, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Research Management Consultants, Inc. reported $94,882 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $5,548 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 rose from 0.27% to 0.29%. 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 the 686th-largest of 2,266 plans among Virginia employers on file, and the 3,868th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 177 to 154 since 2022.

Plan summary
Net assets, end of year$33,000,050
Participants with balances192
Active participants154
Employer contributions$854,357
Employee contributions$1,747,431
Employer contribution per active participant$5,548
Average account balance$171,875
Benefits paid to participants$3,356,554
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE, PLESE AND DREHER
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 192 accts · $854K emplr
2023$31.8M · 202 accts · $895K emplr
2022$27.0M · 219 accts · $947K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,726
Investment management$53,156
Total administrative$94,882
The Research Management Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$5,548
Median for plans this size$2,416
2024$5,548 per active participant
2023$5,627 per active participant
2022$5,349 per active participant

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

Service providers · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$53,156

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$94,882 · 0.29%
2023$121,855 · 0.41%
2022$70,350 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Virginia
Validatek, Inc. VA$34.0M · 0.04%
Management Consulting, Inc. VA$33.8M · 0.29%
Idr, Inc. VA$33.6M · 0.23%
Technica Corporation VA$33.3M · 0.18%
Ks International LLC VA$32.8M · 0.16%
Antech Systems, Inc. VA$32.7M · 0.28%
Vika Companies, LLC VA$32.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770168450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.