Plan Ledger DOL Form 5500 · updated monthly

Residential Management Systems, Inc.401(k)

THE RMS 401(K) PLAN · WORTHINGTON, OH · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Residential Management Systems, Inc. reported $46,553 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $475 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,337th of 3,295), and 7,011th of 11,911 in health care & social assistance. In 2022, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,703,633
Participants with balances95
Active participants187
Employer contributions$88,815
Employee contributions$282,501
Employer contribution per active participant$475
Average account balance$70,565
Benefits paid to participants$542,417
Plan auditUnmodified (clean) audit opinion
AuditorKLESHINSKI, MORRISON & MORRIS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,692
Investment management$18,861
Professional / advisory$7,000
Total administrative$46,553
The Residential Management Systems, Inc. 401(k) match · 2022
Employer contribution per active participant$475
Median for plans this size$1,114

Residential Management Systems, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$46,553 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Alta Care Group, Inc. OH$6.5M · 0.04%
Blick Clinic, Inc. OH$6.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311066646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.