Residential Management Service 401(k) Review & Grade
401(k) Profit Sharing Plan of Residential Management Services, Inc.
Kensington, CTHealth Care & Social Assistance537 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,253Employer $ per active participant
$542Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$16.4MNet plan assets, end of year
$40,514Average balance per account
Score breakdown
- Employer generosity44.4 / 5089th percentile for employer $ per participant
- Low cost22.4 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 89th |
| Employee saving | 12th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Residential Management Service put in about $4,253 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,283,726 |
| Participant (employee) contributions | $291,139 |
| Other contributions (incl. rollovers in) | $93,274 |
| Administrative expenses paid from the plan | $7,324 |
| Other admin expenses | $7,324 |
| Benefits paid out | $5,522,676 |
| Net assets, start / end of year | $17.6M / $16.4M |
| Active participants, start / end of year | 594 / 480 |
| Participants with account balances | 404 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Guilmartin, Dipiro & Sokolowski |
Largest service providers (Schedule C)
| Mutual of America Investment Corp | $9,248 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260417130423NAL0026374451001, received 2026-04-17, EIN 06-1031971, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.