RML Health Providers, LP 401(k) Review & Grade
RML Health Providers Employees 401(k) Savings Plan
Hinsdale, ILHealth Care & Social Assistance694 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,253Employer $ per active participant
$5,302Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$76.9MNet plan assets, end of year
$110,174Average balance per account
Score breakdown
- Employer generosity42.1 / 5084th percentile for employer $ per participant
- Low cost16.7 / 2567th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score74 / 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 | 84th |
| Lower admin cost | 67th |
| Employee saving | 82th |
| 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
- RML Health Providers, LP put in about $3,253 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 | $2,256,158 |
| Participant (employee) contributions | $3,676,736 |
| Other contributions (incl. rollovers in) | $122,698 |
| Administrative expenses paid from the plan | $97,719 |
| Investment advisory & management fees | $20 |
| Benefits paid out | $9,263,182 |
| Net assets, start / end of year | $70.8M / $76.9M |
| Active participants, start / end of year | 708 / 679 |
| Participants with account balances | 698 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $94,375 reported compensation |
| Charles Schwab & Co., Inc. | $21 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014104103NAL0005512706001, received 2025-10-14, EIN 36-4113692, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.