Plan Ledger DOL Form 5500 · updated monthly

Rmd Management, Inc.401(k)

RMD MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN · HEBER CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Rmd Management, Inc. reported $52,983 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $527 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 rose from 0.88% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Utah (574th of 848), and 3,783rd of 5,337 in construction. In 2024, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,971,418
Participants with balances226
Active participants152
Employer contributions$80,112
Employee contributions$266,148
Employer contribution per active participant$527
Average account balance$26,422
Benefits paid to participants$274,299
Plan auditUnmodified (clean) audit opinion
AuditorG&S CERTIFIED PUBLIC ACCOUNTS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 226 accts · $80K emplr
2023$5.3M · 217 accts · $70K emplr
2022$4.3M · 197 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,298
Investment management$8,685
Total administrative$52,983
The Rmd Management, Inc. 401(k) match · 2024
Employer contribution per active participant$527
Median for plans this size$1,313
2024$527 per active participant
2023$496 per active participant
2022$501 per active participant

Rmd Management, Inc.'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.

Administrative cost history3
2024$52,983 · 0.94%
2023$44,481 · 0.92%
2022$41,179 · 0.88%
Same employer
Similar plansConstruction · Utah
Kimball Management UT$7.1M · 0.53%
Colt Builders Corp. UT$7.1M · 0.46%
Vancon, Inc UT$5.9M · 0.03%
A & I Floor Covering Inc UT$5.8M · 0.03%
Morgan Asphalt, Inc. UT$5.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721538679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.