Plan Ledger DOL Form 5500 · updated monthly

Rmf Engineering, Inc.401(k)

RMF ENGINEERING, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Rmf Engineering, Inc. reported $219,282 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,663 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 0.348%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 246th-largest of 1,671 plans among Maryland employers on file, and the 2,115th of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,988,540
Participants with balances347
Active participants289
Employer contributions$1,347,706
Employee contributions$2,090,828
Employer contribution per active participant$4,663
Average account balance$195,932
Benefits paid to participants$4,221,061
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$68.0M · 347 accts · $1.3M emplr
2023$58.0M · 318 accts · $1.7M emplr
2022$49.4M · 320 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,153
Trustee / custodial$217,129
Total administrative$219,282
The Rmf Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$4,663
Median for plans this size$3,635
2024$4,663 per active participant
2023$6,256 per active participant
2022$4,352 per active participant

Rmf Engineering, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20246
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$29,513
EMPOWER ADVISORY GROUP, LLC · Investment management$10,925
CBIZ BENEFITS & INSURANCE SERVICES$10,925
TRIAD ADVISORS INCindirect comp
CBIZ BENEFITS & INS SERVICES INCindirect comp

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$219,282 · 0.35%
2023$189,782 · 0.35%
2022$187,691 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Maryland
Lupin Pharmaceuticals, Inc. MD$71.7M · 0.01%
Regenxbio Inc MD$67.7M · 0.01%
Adnet Systems, Inc. MD$67.4M · 0.28%
Omitron Inc MD$67.1M · 0.01%
Aronson LLC MD$65.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521279953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.