Plan Ledger DOL Form 5500 · updated monthly

Rhodes Development Group, Inc.ESOP

RHODES DEVELOPMENT GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CAMP HILL, PA · plan year 2024

Employer contribution per participant · 2024
$3,958

Rhodes Development Group, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,711,018 across 318 participant accounts, with employer contributions averaging $3,958 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,789th of 3,651), and 1,438th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$5,711,018
Participants with balances318
Active participants220
Employer contributions$870,758
Employee contributions—
Employer contribution per active participant$3,958
Average account balance$17,959
Benefits paid to participants$3,239
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 318 accts · $871K emplr
2023$3.3M · 282 accts · $867K emplr
2022$-3.1M · 245 accts · $865K emplr
Employer contributions to the Rhodes Development Group, Inc. plan · 2024
Employer contribution per active participant$3,958
Median for plans this size$1,313
2024$3,958 per active participant
2023$4,053 per active participant
2022$4,282 per active participant

Rhodes Development Group, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023$10 · 0.01%
2022Not separately reported
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
Victorian Finance, LLC PA$6.4M · 0.68%
A.R. Building Company PA$5.9M · 0.74%
Hansen Properties, Inc. PA$5.2M · 0.26%
The Galman Group, LTD. PA$4.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231983088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.