Plan Ledger DOL Form 5500 · updated monthly

Rsm US, LLP401(k)

THE RSM US LLP RETIREMENT PLAN · DAVENPORT, IA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Rsm US, LLP reported $1,440,456 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,696 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 0.050% to 0.046%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2nd-largest of 878 plans among Iowa employers on file, and the 41st of 11,654 in professional & technical services. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,375,271,110
Participants with balances21,356
Active participants14,521
Employer contributions$97,227,475
Employee contributions$179,951,820
Employer contribution per active participant$6,696
Average account balance$158,048
Benefits paid to participants$258,457,422
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4B · 21,356 accts · $97.2M emplr
2023$2.9B · 21,135 accts · $93.5M emplr
2022$2.3B · 20,422 accts · $84.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$816,822
Investment management$422,146
Audit (IQPA)$36,488
Total administrative$1,440,456
The Rsm US, LLP 401(k) match · 2024
Employer contribution per active participant$6,696
Median for plans this size$5,259
2024$6,696 per active participant
2023$6,347 per active participant
2022$5,762 per active participant

Rsm US, LLP's 2024 employer contribution ran above the $5,259 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$952,911
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$422,146
NORTHERN TRUST · Investment advisory (plan)$165,000
FORVIS MAZARS · Accounting / audit$36,488

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$1,440,456 · 0.05%
2023$1,220,838 · 0.05%
2022$1,230,516 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Iowa
Wsp USA Buildings Inc. NY$3.3B · 0.05%
Latham & Watkins LLP CA$3.1B · 0.05%
Bvh, Inc. KS$3.0B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420714325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.