Plan Snapshot
- Plan Sponsor: Residential Management Group, LLC
- Sponsor EIN: 743083621
- Sponsor Address: 909 THIRD AVENUE, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 209
- Total Assets: $37.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 209 | $37.5M | $205,132 | $1.4M |
| 2023 | 206 | $36.7M | $216,969 | $1.6M |
| 2022 | 254 | $32.1M | $185,204 | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | SERVICE PROVIDER | — | $56,310 | $56,310 |
| OPEN ACQ LLC | THIRD PARTY ADMINISTRATO / THIRD PARTY ADMINISTRATOR / TPA | — | $18,256 | $18,256 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $6,883 | — | $6,883 |
| EISNERAMPER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — SERVICE PROVIDER
- EISNERAMPER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,449
- Estimated Expense Ratio: 0.217% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $12,109 | — | $12,109 | — | — |
| 2023 | $8,425 | — | $8,425 | — | — |
| 2022 | $5,804 | — | $5,804 | — | — |