Plan Ledger DOL Form 5500 · updated monthly

Retirement Living Mgmt., LLC401(k)

RETIREMENT LIVING MGMT., LLC 401K PROFIT SHARING PLAN · LOWELL, MI · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Retirement Living Mgmt., LLC reported $3,309 in plan administrative expenses for 2022: 0.42% of average plan assets, below the peer median. Employer contributions averaged $23 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,519th of 2,619), and 11,348th of 11,654 in professional & technical services. In 2022, employees put in $13.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$724,294
Participants with balances62
Active participants323
Employer contributions$7,438
Employee contributions$102,246
Employer contribution per active participant$23
Average account balance$11,682
Benefits paid to participants$36,491
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,309
Total administrative$3,309
The Retirement Living Mgmt., LLC 401(k) match · 2022
Employer contribution per active participant$23
Median for plans this size$331

Retirement Living Mgmt., LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,309 · 0.42%
Similar plansProfessional & Technical Services · Michigan
Beyond Basics MI$861K · 1.25%
Rb Buyer I MI$661K · 0.37%
Vista Springs LLC MI$600K · 0.01%
Kirby Services, LLC MI$415K · 1.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383470221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.