Residential Mortgage Services, Inc.401(k)
RESIDENTIAL MORTGAGE SERVICES, INC. 401(K) PLAN · SOUTH PORTLAND, ME · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Residential Mortgage Services, Inc. reported $313,628 in plan administrative expenses for 2022: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,922 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 54th-largest of 354 plans among Maine employers on file, and the 1,426th of 4,798 in finance & insurance. In 2022, employees put in $2.04 for every $1.00 the employer contributed.
Residential Mortgage Services, Inc.'s 2022 employer contribution ran above the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 010464609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.