Plan Ledger DOL Form 5500 · updated monthly

The Mayer Corporation401(k)

RLM ASSOCIATES RETIREMENT PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The Mayer Corporation reported $49,328 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $692 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 0.55% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (4,802nd of 9,483), and the 462nd of 2,240 in accommodation & food services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 361 to 567 since 2022.

Plan summary
Net assets, end of year$12,855,210
Participants with balances244
Active participants567
Employer contributions$392,284
Employee contributions$769,270
Employer contribution per active participant$692
Average account balance$52,685
Benefits paid to participants$789,941
Plan auditUnmodified (clean) audit opinion
AuditorWERTZ & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 244 accts · $392K emplr
2023$11.0M · 229 accts · $336K emplr
2022$9.8M · 205 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,289
Investment management$24,039
Total administrative$49,328
The The Mayer Corporation 401(k) match · 2024
Employer contribution per active participant$692
Median for plans this size$2,416
2024$692 per active participant
2023$670 per active participant
2022$826 per active participant

The Mayer Corporation'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,289
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (plan)$20,000

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$49,328 · 0.41%
2023$45,412 · 0.44%
2022$58,056 · 0.55%
Similar plansAccommodation & Food Services · California
Il Fornaio (America), LLC CA$13.5M · 0.05%
Bartell Hotels CA$13.5M · 0.59%
Big Canyon Country Club CA$13.1M · 0.35%
Del Taco LLC CA$12.2M · 0.39%
Zmc Hotels, LLC CA$11.5M · 0.38%
Classic Vacations, LLC CA$11.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465084526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.