Plan Ledger DOL Form 5500 · updated monthly

Rrmm Architects, P.C.401(k)

RRMM ARCHITECTS, P. C. 401(K) PLAN · CHESAPEAKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Rrmm Architects, P.C. reported $85,935 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,872 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 fell from 0.52% to 0.48%. 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 1,017th-largest of 2,266 plans among Virginia employers on file, and the 5,690th of 11,654 in professional & technical services. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 114 to 130 since 2022.

Plan summary
Net assets, end of year$19,295,271
Participants with balances164
Active participants130
Employer contributions$373,413
Employee contributions$1,096,039
Employer contribution per active participant$2,872
Average account balance$117,654
Benefits paid to participants$1,313,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 164 accts · $373K emplr
2023$16.4M · 146 accts · $333K emplr
2022$13.9M · 137 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,935
Total administrative$85,935
The Rrmm Architects, P.C. 401(k) match · 2024
Employer contribution per active participant$2,872
Median for plans this size$2,416
2024$2,872 per active participant
2023$2,849 per active participant
2022$3,008 per active participant

Rrmm Architects, P.C.'s 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeepingindirect comp
THE ASCENT GROUP, LLC · Investment advisory (plan)indirect 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
2024The Standard
2023The Standard

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

Administrative cost history3
2024$85,935 · 0.48%
2023$71,905 · 0.48%
2022$86,615 · 0.52%
Similar plansProfessional & Technical Services · Virginia
Eagle Fire Inc VA$19.7M · 0.18%
Ncs Technologies, Inc. VA$19.7M · 0.33%
Coverent LLC VA$19.3M · 0.08%
ACT1 Federal LLC VA$19.0M · 0.65%
A-Tek, Inc. VA$19.0M · 0.43%
P5 Strategies, LLC VA$18.9M · 0.35%
Mdw Associates, LLC VA$18.8M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541461873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.