Plan Ledger DOL Form 5500 · updated monthly

Rms Lifeline Inc401(k)

RMS LIFELINE INC 401(K) PROFIT SHARING PLAN & TRUST · DEERFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Rms Lifeline Inc reported $62,285 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. 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 2 years on file its reported administrative ratio rose from 0.25% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,621st-largest of 3,702 plans among Illinois employers on file, and the 5,231st of 11,654 in professional & technical services. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,818,229
Participants with balances476
Active participants348
Employer contributions$587,171
Employee contributions$1,546,601
Employer contribution per active participant$1,687
Average account balance$45,837
Benefits paid to participants$2,272,390
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 476 accts · $587K emplr
2023$19.4M · 467 accts · $608K emplr
2022$16.2M · 464 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,524
Investment management$6,901
Trustee / custodial$860
Total administrative$62,285
The Rms Lifeline Inc 401(k) match · 2024
Employer contribution per active participant$1,687
Median for plans this size$2,416
2024$1,687 per active participant
2023$1,763 per active participant
2022$1,676 per active participant

Rms Lifeline Inc's 2024 employer contribution ran below the $2,416 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 · 20243
PAYCHEX, INC. · Recordkeeping$38,408
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,995
CFM ADVISORS INC · Investment advisory (participants)$5,652

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

Recordkeeper by year2
2024Paychex
2023ERISA FIDUCIARY SERVICES, INC., Paychex

This plan has changed recordkeepers within these filings. If you left Rms Lifeline 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$62,285 · 0.30%
2023$50,123 · 0.28%
2022$43,688 · 0.25%
Same employer
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G Treasury Ss, LLC IL$22.2M · 0.28%
Cardinal Law Group, LTD IL$22.1M · 0.04%
Elgron, Inc. IL$21.7M · 0.18%
INSPIRE11 LLC IL$21.6M · 0.09%
R.M. Chin & Associates, Inc IL$21.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364258607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.