RBR Management LLC 401(k) Review & Grade
RBR Management LLC 401(k) Profit Sharing Plan & Trust
Henderson, NVAdministrative, Support & Staffing Services564 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$737Employer $ per active participant
$1,760Employee $ saved per active participant
0.97%Direct admin cost, % of plan assets
$5.5MNet plan assets, end of year
$7,299Average balance per account
Score breakdown
- Employer generosity25.8 / 5052th percentile for employer $ per participant
- Low cost1.7 / 257th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 7th |
| Employee saving | 49th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $19,256 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- RBR Management put in about $737 per active participant, more than the typical peer ($712). 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.
- Direct plan expenses (0.97% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $415,930 |
| Participant (employee) contributions | $993,396 |
| Other contributions (incl. rollovers in) | $47,995 |
| Administrative expenses paid from the plan | $45,805 |
| Contract administrator fees | $24,027 |
| Investment advisory & management fees | $20,918 |
| Benefits paid out | $299,438 |
| Net assets, start / end of year | $3.9M / $5.5M |
| Active participants, start / end of year | 566 / 563 |
| Participants with account balances | 759 |
| Auto-enrollment (feature code 2S) | Yes |
Largest service providers (Schedule C)
| Paychex, Inc. | $21,954 reported compensation |
| Farther Finance, Inc. | $18,806 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013092919NAL0000443555001, received 2025-10-13, EIN 27-1466450, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.