Plan Ledger DOL Form 5500 · updated monthly

Retail Capital LLC401(k)

RETAIL CAPITAL LLC 401(K) PLAN · SOUTH FIELD, MI · plan year 2022

Reported admin expense ratio · 2022
0.81%

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

Retail Capital LLC reported $24,457 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,935 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 finance & insurance employers. By assets it is among the smaller plans on file in Michigan (2,223rd of 2,619), and 4,574th of 4,798 in finance & insurance. In 2022, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,242,737
Participants with balances180
Active participants154
Employer contributions$298,009
Employee contributions$939,580
Employer contribution per active participant$1,935
Average account balance$18,015
Benefits paid to participants$600,775
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $88K emplr
2022$3.2M · 180 accts · $298K emplr
The Retail Capital LLC 401(k) match · 2022
Employer contribution per active participant$1,935
Median for plans this size$1,114

Retail Capital LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$24,457 · 0.81%
Similar plansFinance & Insurance · Michigan
Signal Advisors USA, Inc. MI$6.3M · 0.12%
Ross Mortgage Corporation MI$5.7M · 0.04%
Lighthouse Title, Inc. MI$4.6M · 0.66%
MORTGAGE300 Corporation MI$2.1M · 0.49%
E Mortgage Funding, LLC MI$1.9M · 0.10%
Wickfield Properties, LLC MI$822K · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273509621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.