The RMR Group LLC 401(k) Review & Grade
The RMR Group LLC 401(k) Retirement Plan
Newton, MAReal Estate & Rental1,064 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,039Employer $ per active participant
$6,948Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$143.2MNet plan assets, end of year
$147,888Average balance per account
Score breakdown
- Employer generosity41.0 / 5082th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving12.6 / 1584th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 45th |
| Employee saving | 84th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($3,154 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $15,594 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- RMR Group put in about $3,039 per active participant, more than the typical peer ($1,279). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,233,991 |
| Participant (employee) contributions | $7,392,828 |
| Other contributions (incl. rollovers in) | $2,161,152 |
| Administrative expenses paid from the plan | $345,886 |
| Contract administrator fees | $242,160 |
| Investment advisory & management fees | $103,726 |
| Benefits paid out | $15,343,170 |
| Net assets, start / end of year | $118.9M / $143.2M |
| Active participants, start / end of year | 1,104 / 1,024 |
| Participants with account balances | 968 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Newman & Noyes LLC 01-0494526 |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $243,858 reported compensation |
| Regions Bank | $103,744 reported compensation |
| Baker Newman Noyes LLC | $20,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015124100NAL0002306819001, received 2025-10-15, EIN 04-3583787, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.