# Residential Management Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/residential-management-systems-inc-401k-plan-002

> Residential Management Systems, INC.&#39;s 401(k) plan: 312 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Residential Management Systems, INC.

- **Sponsor EIN:** 311066646

- **Sponsor Address:** 250 E. WILSON BRIDGE RD., STE. 205, WORTHINGTON, OH, 430852366

- **Plan Type:** 401(k)

- **Total Participants:** 312

- **Total Assets:** $6.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|312|$6.1M|$84,667|$297,764|

| 2023|166|$6.5M|$92,330|$302,854|

| 2022|187|$6.7M|$88,815|$282,501|

## 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|

| KLESHINSKI, MORRISON & MORRIS|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$1,443,054|—|$39,915|—|—|

| 2023|$1,466,858|—|$36,444|—|—|

| 2022|$46,553|$18,861|$20,692|—|$7,000|

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