Plan Ledger DOL Form 5500 · updated monthly

Rls Managed Services LLC401(k)

RLS MANAGED SERVICES LLC 401(K) PLAN · GLASSBORO, NJ · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Rls Managed Services LLC reported $50,934 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $621 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 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,689th of 2,419), and the 1,323rd of 2,677 in transportation & warehousing. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 309 to 398 since 2022.

Plan summary
Net assets, end of year$7,663,857
Participants with balances251
Active participants398
Employer contributions$247,017
Employee contributions$881,553
Employer contribution per active participant$621
Average account balance$30,533
Benefits paid to participants$500,990
Plan auditUnmodified (clean) audit opinion
AuditorMARTINI & MARTINI, CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 251 accts · $247K emplr
2023$6.1M · 245 accts · $237K emplr
2022$4.3M · 196 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,950
Total administrative$50,934
The Rls Managed Services LLC 401(k) match · 2024
Employer contribution per active participant$621
Median for plans this size$1,313
2024$621 per active participant
2023$638 per active participant
2022$617 per active participant

Rls Managed Services LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE PARAGON ALLIANCE GROUP LLC · Plan administrator · Recordkeeping$11,765
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,664

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

Recordkeeper by year2
2024John Hancock, THE PARAGON ALLIANCE GROUP LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Rls Managed Services LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,934 · 0.74%
2023$36,856 · 0.71%
2022$33,166 · 0.75%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Langer Industries, Inc. NJ$9.5M · 0.09%
Rdtx Transportation Inc. NJ$8.5M · 0.02%
Rpm Employers 401K Plan NJ$7.7M · 0.01%
H&M Intl Transportation NJ$6.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271604500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.