Plan Ledger DOL Form 5500 · updated monthly

Rmg Enterprise Solutions, Inc.401(k)

KORBYT 401(K) PLAN · ADDISON, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

Rmg Enterprise Solutions, Inc. reported $53,754 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. 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 0.584%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,167th of 5,688), and 1,553rd of 2,199 in information & media. active participation has grown from 59 to 85 since 2022.

Plan summary
Net assets, end of year$9,297,940
Participants with balances131
Active participants85
Employer contributions—
Employee contributions$569,426
Employer contribution per active participant—
Average account balance$70,977
Benefits paid to participants$1,497,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 131 accts
2023$9.1M · 123 accts
2022$7.9M · 131 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,729
Total administrative$53,754
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
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$53,729
WOODBURY FINANCIAL SERVICES INC · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Rmg Enterprise Solutions, Inc. 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$53,754 · 0.58%
2023$48,225 · 0.57%
2022$51,993 · 0.58%
Similar plansInformation & Media · Texas
Spay, Inc. TX$10.2M · 0.33%
M. Roberts Media, LLC TX$9.9M · 0.08%
P97 Networks, LLC TX$9.6M · 0.22%
Zenoss, Inc TX$9.5M · 0.53%
Healthmine Services, Inc. TX$9.2M · 0.10%
Ra Outdoors, LLC TX$9.1M · 0.59%
Jana, Inc. TX$9.0M · 0.10%
Ojo Labs, Inc. TX$9.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742132122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.