RHM LLC 401(k) Review & Grade
RHM LLC 401(k) Profit Sharing Plan & Trust
Oak Brook, ILAdministrative, Support & Staffing Services1,610 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$207Employer $ per active participant
$760Employee $ saved per active participant
0.81%Direct admin cost, % of plan assets
$4.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity14.1 / 5028th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 28th |
| Lower admin cost | 10th |
| Employee saving | 25th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $116,452 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- RHM put in about $207 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.81% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $333,159 |
| Participant (employee) contributions | $1,222,645 |
| Other contributions (incl. rollovers in) | $13,381 |
| Administrative expenses paid from the plan | $31,652 |
| Contract administrator fees | $18,728 |
| Investment advisory & management fees | $12,064 |
| Benefits paid out | $251,127 |
| Net assets, start / end of year | $3.1M / $4.7M |
| Active participants, start / end of year | 1,667 / 1,552 |
| Participants with account balances | 458 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Paychex, Inc. | $19,472 reported compensation |
| Raymond James & Associates, Inc. | $11,411 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260501164355NAL0002057058001, received 2026-05-01, EIN 47-4526718, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.