Plan Ledger DOL Form 5500 · updated monthly

Retail Services & Systems, Inc.401(k)

RETAIL SERVICES & SYSTEMS, INC. DEFERRED PROFIT SHARING PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Retail Services & Systems, Inc. reported $273,337 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $557 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 3 years on file its reported administrative ratio has held roughly steady near 0.187%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 107th-largest of 1,671 plans among Maryland employers on file, and the 252nd of 5,215 in retail trade. In 2024, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$161,962,845
Participants with balances3,443
Active participants10,110
Employer contributions$5,628,056
Employee contributions$18,582,579
Employer contribution per active participant$557
Average account balance$47,041
Benefits paid to participants$14,687,300
Plan auditUnmodified (clean) audit opinion
AuditorR. D. HOAG & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$162.0M · 3,443 accts · $5.6M emplr
2023$131.0M · 3,242 accts · $5.4M emplr
2022$94.0M · 3,140 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$273,337
Total administrative$273,337
The Retail Services & Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$557
Median for plans this size$3,635
2024$557 per active participant
2023$559 per active participant
2022$536 per active participant

Retail Services & Systems, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$273,337

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$273,337 · 0.19%
2023$208,951 · 0.19%
2022$187,091 · 0.19%
Same employer
Similar plansRetail Trade · Maryland
Giant of Maryland LLC MD$455.1M · 0.01%
Mileone Autogroup, Inc. MD$190.5M · 0.11%
Atlantic Automotive Corp. MD$149.4M · 0.15%
Liquidity Services, Inc. MD$67.9M · 0.19%
Austrian Motors Corp. MD$64.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251531856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.