Plan Ledger DOL Form 5500 · updated monthly

Residential Management Group, LLC401(k)

RESIDENTIAL MANAGEMENT GROUP, LLC 401K RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Residential Management Group, LLC reported $12,109 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $981 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,689th-largest of 5,648 plans among New York employers on file, and the 374th of 2,096 in real estate & leasing. In 2024, employees put in $7.01 for every $1.00 the employer contributed; active participation has shrunk from 254 to 209 since 2022.

Plan summary
Net assets, end of year$37,483,429
Participants with balances228
Active participants209
Employer contributions$205,132
Employee contributions$1,437,894
Employer contribution per active participant$981
Average account balance$164,401
Benefits paid to participants$5,574,382
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Plan history3
Yearassets · accounts · employer contribution
2024$37.5M · 228 accts · $205K emplr
2023$36.7M · 258 accts · $217K emplr
2022$32.1M · 304 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,109
Total administrative$12,109
The Residential Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$981
Median for plans this size$2,416
2024$981 per active participant
2023$1,053 per active participant
2022$729 per active participant

Residential Management Group, LLC'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 · 20249
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,883
MORGAN STANLEY SMITH BARNEY LLCindirect comp
OPEN ACQ LLC · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLCindirect comp
OPEN ACQ LLC · Other servicesindirect comp
VOYA RETIREMENT INS AND ANNUITY CO · Investment advisory (participants)indirect comp
MORGAN STANLEY SMITH BARNEY LLCindirect comp
OPEN ACQ LLC · Other servicesindirect comp
VOYA RETIREMENT INS AND ANNUITY · Investment advisory (participants)indirect comp

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$12,109 · 0.03%
2023$8,425 · 0.02%
2022$5,804 · 0.02%
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Source: U.S. Department of Labor, Form 5500 series, EIN 743083621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.