Plan Ledger DOL Form 5500 · updated monthly

Restaurant Management, Inc.401(k)

RESTAURANT MANAGEMENT, INC. EMPLOYEES' PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Restaurant Management, Inc. reported $2,112 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $143 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 fell from 0.34% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,544th of 3,295), and the 885th of 2,240 in accommodation & food services. In 2024, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,994,793
Participants with balances124
Active participants502
Employer contributions$71,582
Employee contributions$258,235
Employer contribution per active participant$143
Average account balance$40,281
Benefits paid to participants$340,188
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 124 accts · $72K emplr
2023$4.4M · 104 accts · $65K emplr
2022$4.5M · 108 accts · $69K emplr
The Restaurant Management, Inc. 401(k) match · 2024
Employer contribution per active participant$143
Median for plans this size$1,313
2024$143 per active participant
2023$137 per active participant
2022$145 per active participant

Restaurant Management, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$2,112
CREATIVE RETIREMENT SYSTEMS, INC. · Investment advisory (plan)$2,404

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,112 · 0.04%
2023$3,295 · 0.07%
2022$16,777 · 0.34%
Same employer
Similar plansAccommodation & Food Services · Ohio
Strang Corporation OH$5.9M · 0.17%
Howley Bread Group, LTD. OH$5.6M · 0.60%
Grube, Inc. OH$5.2M · 0.23%
Rda Management, Inc. OH$4.6M · 0.50%
Montgomery Inn, Inc. OH$4.5M · 0.52%
Shibley Management, Inc. OH$4.4M · 0.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 340968162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.