Plan Ledger DOL Form 5500 · updated monthly

Rfmbg Lincolnshire LLC401(k)

RFMBG LINCOLNSHIRE LLC 401K PLAN · MT PROSPECT, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Rfmbg Lincolnshire LLC reported $13,403 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $724 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 0.41% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,096th of 3,702), and the 1,032nd of 2,240 in accommodation & food services. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 158 to 201 since 2022.

Plan summary
Net assets, end of year$3,939,240
Participants with balances142
Active participants201
Employer contributions$145,528
Employee contributions$499,612
Employer contribution per active participant$724
Average account balance$27,741
Benefits paid to participants$324,809
Plan auditUnmodified (clean) audit opinion
AuditorMICHELLE HECKERT CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 142 accts · $146K emplr
2023$3.1M · 148 accts · $123K emplr
2022$2.4M · 133 accts · $94K emplr
The Rfmbg Lincolnshire LLC 401(k) match · 2024
Employer contribution per active participant$724
Median for plans this size$1,313
2024$724 per active participant
2023$700 per active participant
2022$595 per active participant

Rfmbg Lincolnshire LLC's 2024 employer contribution ran below the $1,313 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 · 20248
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$13,403
ALLIANCE BERNSTEIN · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
FRANKLIN TEMPLETON · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,403 · 0.38%
2023$15,054 · 0.55%
2022$11,421 · 0.41%
Same employer
Similar plansAccommodation & Food Services · Illinois
The Alinea Group LLC IL$4.2M · 0.07%
Blue Plate Catering, LTD. IL$3.2M · 1.00%
Chr Employees, LLC IL$3.1M · 1.40%
Maxby Hospitality, Inc. IL$3.1M · 1.04%
MD Restaurant Group Inc. IL$3.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371794875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.