Plan Ledger DOL Form 5500 · updated monthly

Retail Business Services LLC401(k)

RETAIL BUSINESS SERVICES LLC RETIREMENT SAVINGS PLAN · SCARBOROUGH, ME · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Retail Business Services LLC reported $130,715 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,386 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 0.020% to 0.016%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 7th-largest of 354 plans among Maine employers on file, and the 63rd of 5,215 in retail trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 3,187 to 3,941 since 2022.

Plan summary
Net assets, end of year$1,001,892,127
Participants with balances6,429
Active participants3,941
Employer contributions$17,283,710
Employee contributions$31,843,572
Employer contribution per active participant$4,386
Average account balance$155,839
Benefits paid to participants$97,079,336
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 6,429 accts · $17.3M emplr
2023$679.7M · 4,634 accts · $14.1M emplr
2022$591.0M · 4,614 accts · $13.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,252
Investment management$13,310
Total administrative$130,715
The Retail Business Services LLC 401(k) match · 2024
Employer contribution per active participant$4,386
Median for plans this size$4,294
2024$4,386 per active participant
2023$4,682 per active participant
2022$4,190 per active participant

Retail Business Services LLC's 2024 employer contribution ran above the $4,294 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$117,405
AON INVESTMENTS USA INC. · Investment advisory (plan)$13,310

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$130,715 · 0.02%
2023$97,633 · 0.02%
2022$128,142 · 0.02%
Same employer
Similar plansRetail Trade · Maine
Hannaford Bros. Co., LLC ME$1.1B · 0.05%
7-ELEVEN, Inc. OH$1.0B · 0.17%
Lithia Motors, Inc. OR$1.0B · 0.18%
Ross Stores, Inc. CA$1.0B · 0.06%
The Save Mart Companies CA$993.0M · 0.11%
The Giant Company LLC PA$991.5M · 0.07%
Dollar Tree, Inc. VA$979.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273756754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.