Plan Ledger DOL Form 5500 · updated monthly

Royal United Mortgage, LLC401(k)

ROYAL UNITED MORTGAGE LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Royal United Mortgage, LLC reported $123,981 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $966 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 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 594th-largest of 1,562 plans among Indiana employers on file, and 3,191st of 4,798 in finance & insurance. In 2024, employees put in $5.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,584,253
Participants with balances445
Active participants277
Employer contributions$267,612
Employee contributions$1,601,116
Employer contribution per active participant$966
Average account balance$41,762
Benefits paid to participants$2,962,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 445 accts · $268K emplr
2023$17.3M · 527 accts · $239K emplr
2022$15.5M · 487 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,981
Total administrative$123,981
The Royal United Mortgage, LLC 401(k) match · 2024
Employer contribution per active participant$966
Median for plans this size$2,416
2024$966 per active participant
2023$872 per active participant
2022$1,013 per active participant

Royal United Mortgage, LLC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
SHEPHERD FINANCIAL INVESTMENT ADV · Investment advisory (plan)$32,000
BLUE BENEFITS CONSULTING, INC. · Contract administrator$30,959

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$123,981 · 0.69%
2023$100,957 · 0.62%
2022$122,813 · 0.71%
Same employer
Similar plansFinance & Insurance · Indiana
Sanctuary Wealth Group, LLC IN$19.9M · 0.03%
The Farmers Bank IN$19.6M · 0.04%
Farmers State Bank IN$17.7M · 0.39%
Hallmark Home Mortgage IN$16.7M · 0.65%
Crane Federal Credit Union IN$16.6M · 0.00%
Siho Holding, Inc. IN$16.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261773722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.