Plan Ledger DOL Form 5500 · updated monthly

The Rmr Group LLC401(k)

THE RMR GROUP LLC 401(K) RETIREMENT PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Rmr Group LLC reported $345,886 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,158 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 rose from 0.21% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 340th-largest of 2,726 plans among Massachusetts employers on file, and the 85th of 2,096 in real estate & leasing. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 611 to 1,024 since 2022.

Plan summary
Net assets, end of year$143,155,991
Participants with balances968
Active participants1,024
Employer contributions$3,233,991
Employee contributions$7,392,828
Employer contribution per active participant$3,158
Average account balance$147,888
Benefits paid to participants$15,343,170
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN & NOYES LLC 01-0494526
Plan history3
Yearassets · accounts · employer contribution
2024$143.2M · 968 accts · $3.2M emplr
2023$118.9M · 731 accts · $3.0M emplr
2022$102.8M · 778 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$242,160
Investment management$103,726
Total administrative$345,886
The The Rmr Group LLC 401(k) match · 2024
Employer contribution per active participant$3,158
Median for plans this size$3,635
2024$3,158 per active participant
2023$4,909 per active participant
2022$4,462 per active participant

The Rmr Group LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$242,160
REGIONS BANK · Investment advisory (plan)$103,726
BAKER NEWMAN NOYES LLC · Accounting / auditindirect comp

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$345,886 · 0.26%
2023$234,260 · 0.21%
2022$239,093 · 0.21%
Same employer
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American Tower Corporation MA$522.8M · 0.04%
Bp Management, L.P. MA$292.0M · 0.10%
Gid Investment Advisers LLC MA$162.6M · 0.19%
Winn Management Group LLC MA$157.6M · 0.46%
Bg-Ic, LLC MA$110.4M
Cummings Properties, LLC MA$94.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043583787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.