Plan Ledger DOL Form 5500 · updated monthly

Rteam Management, Inc.ESOP

RTEAM MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN · GAHANNA, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Rteam Management, Inc. reported $4,440 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,447 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 177th-largest of 3,295 plans among Ohio employers on file, and the 81st of 2,534 in administrative & support services. active participation has grown from 518 to 655 since 2022.

Plan summary
Net assets, end of year$250,811,434
Participants with balances981
Active participants655
Employer contributions$8,808,102
Employee contributions—
Employer contribution per active participant$13,447
Average account balance$255,669
Benefits paid to participants$8,194,520
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$250.8M · 981 accts · $8.8M emplr
2023$154.2M · 863 accts · $5.7M emplr
2022$99.0M · 743 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,440
Total administrative$4,440
Employer contributions to the Rteam Management, Inc. plan · 2024
Employer contribution per active participant$13,447
Median for plans this size$3,635
2024$13,447 per active participant
2023$9,770 per active participant
2022$9,264 per active participant

Rteam Management, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$4,440 · 0.00%
2023$840 · 0.00%
2022$4,000 · 0.01%
Similar plansAdministrative & Support Services · Ohio
Fluor-Bwxt Portsmouth LLC OH$277.8M · 0.19%
Cbc Companies, Inc. OH$169.0M · 0.07%
Staffmark Group, LLC OH$149.1M · 0.25%
Health Carousel LLC OH$80.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300295413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.