Plan Ledger DOL Form 5500 · updated monthly

Reverse Mortgage Funding LLC401(k)

REVERSE MORTGAGE FUNDING LLC 401(K) RETIREMENT PLAN · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
0.45%

Reverse Mortgage Funding LLC reported $123,307 in plan administrative expenses for 2022: 0.45% of average plan assets, higher than ~75% of peers. 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 3,088th-largest of 9,483 plans among California employers on file, and the 536th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$25,133,836
Participants with balances560
Active participants107
Employer contributions—
Employee contributions$3,767,871
Employer contribution per active participant—
Average account balance$44,882
Benefits paid to participants$3,813,877
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$25.1M · 560 accts
Administrative expenses, itemized · 2022
Investment management$30,839
Total administrative$123,307
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$123,307 · 0.45%
Similar plansReal Estate & Leasing · California
Tom Malloy Corporation CA$26.3M · 0.22%
Prime Finance Advisor, L.P. CA$24.7M · 0.29%
Sierra Land Group, Inc. CA$24.2M · 0.04%
Sequoia Equities Inc. CA$23.5M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800860209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.