Plan Ledger DOL Form 5500 · updated monthly

Rhythm Management Group Corp401(k)

RHYTHM MANAGEMENT GROUP CORP 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
1.52%

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

Rhythm Management Group Corp reported $50,999 in plan administrative expenses for 2024: 1.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,836 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 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,375th of 1,671), and 8,756th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has shrunk from 157 to 91 since 2022.

Plan summary
Net assets, end of year$3,707,609
Participants with balances138
Active participants91
Employer contributions$349,092
Employee contributions$586,726
Employer contribution per active participant$3,836
Average account balance$26,867
Benefits paid to participants$957,119
Plan auditUnmodified (clean) audit opinion
AuditorT.E.LOTT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 138 accts · $349K emplr
2023$3.0M · 174 accts · $474K emplr
2022$2.1M · 179 accts · $404K emplr
The Rhythm Management Group Corp 401(k) match · 2024
Employer contribution per active participant$3,836
Median for plans this size$1,313
2024$3,836 per active participant
2023$3,562 per active participant
2022$2,571 per active participant

Rhythm Management Group Corp'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.

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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Loan processing · Contract administrator$23,743
PRIME BENEFITS, INC. · Contract administrator · Other services$10,338
SIGNATURE ESTATE & INVESTMT ADVISOR · Investment advisory (plan)$8,769
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan) · Pension consulting$8,147

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$50,999 · 1.52%
2023$38,384 · 1.50%
2022$23,097 · 1.51%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Mindoula Health Inc MD$4.2M · 0.51%
Homecare Maryland, LLC MD$4.0M · 0.06%
Progress Unlimited, Inc. MD$3.7M · 0.75%
Arundel Lodge, Inc. MD$3.7M · 0.13%
Kids After Hours, Inc. MD$3.6M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814227066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.