Plan Ledger DOL Form 5500 · updated monthly

Rmg Investment Group, LLC401(k)

RESERVE MANAGEMENT GROUP 401(K) PLAN · STOW, OH · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Rmg Investment Group, LLC reported $154,913 in plan administrative expenses for 2023: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,687 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 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,177th-largest of 3,295 plans among Ohio employers on file, and the 1,649th of 4,246 in wholesale trade. In 2023, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,628,043
Participants with balances596
Active participants719
Employer contributions$1,213,264
Employee contributions$1,933,409
Employer contribution per active participant$1,687
Average account balance$39,644
Benefits paid to participants$2,539,312
Plan auditUnmodified (clean) audit opinion
AuditorBOBER, MARKEY & FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 457 accts · $677K emplr
2023$23.6M · 596 accts · $1.2M emplr
2022$19.9M · 610 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,590
Investment management$129,523
Audit (IQPA)$13,800
Total administrative$154,913
The Rmg Investment Group, LLC 401(k) match · 2023
Employer contribution per active participant$1,687
Median for plans this size$2,440
2024$2,383 per active participant
2023$1,687 per active participant
2022$1,676 per active participant

Rmg Investment Group, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$141,113
BOBER, MARKEY & FEDOROVICH · Accounting / audit$13,800

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$168,533 · 0.72%
2023$154,913 · 0.71%
2022$146,033 · 0.70%
Similar plansWholesale Trade · Ohio
River Trading Company, LTD. OH$24.2M · 0.19%
Kamco Industries, Inc. OH$24.1M · 0.00%
The Kiemle Hankins Company OH$23.3M · 0.02%
Tpc Wire & Cable Corp. OH$23.2M · 0.34%
Dummen NA, Inc. OH$23.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452588798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.