Plan Ledger DOL Form 5500 · updated monthly

Resource Management Service, LLC401(k)

RESOURCE MANAGEMENT SERVICE, LLC PROFIT SHARING PLAN AND TRUST · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Resource Management Service, LLC reported $19,478 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,337 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 0.037% to 0.040%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 141st-largest of 902 plans among Alabama employers on file, and the 90th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,195,647
Participants with balances182
Active participants148
Employer contributions$1,233,836
Employee contributions$1,486,573
Employer contribution per active participant$8,337
Average account balance$286,789
Benefits paid to participants$2,597,036
Plan auditUnmodified (clean) audit opinion
AuditorCOKER AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 182 accts · $1.2M emplr
2023$46.2M · 181 accts · $1.1M emplr
2022$42.6M · 179 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Investment management$11,971
Total administrative$19,478
The Resource Management Service, LLC 401(k) match · 2024
Employer contribution per active participant$8,337
Median for plans this size$2,416
2024$8,337 per active participant
2023$7,408 per active participant
2022$7,096 per active participant

Resource Management Service, LLC'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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,971
REGIONS BA · Investment advisory (participants)$8,078

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$19,478 · 0.04%
2023$15,410 · 0.03%
2022$17,821 · 0.04%
Same employer
Similar plansAgriculture, Forestry & Fishing · Alabama
Aviagen, Inc. AL$162.7M · 0.03%
Peco Foods, Inc. AL$129.4M · 0.79%
Flowerwood Nursery, Inc. AL$14.6M · 0.66%
Tjc Mortgage, Inc. AL$11.1M · 0.34%
Ingram Farms, Inc. AL$2.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200617640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.