Rummel, Klepper & Kahl 401(k) Review & Grade
The Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings Plan
Baltimore, MDProfessional, Scientific & Technical Services1,798 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,311Employer $ per active participant
$8,915Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$303.4MNet plan assets, end of year
$145,660Average balance per account
Score breakdown
- Employer generosity27.0 / 5054th percentile for employer $ per participant
- Low cost21.8 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1549th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 87th |
| Employee saving | 49th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $416 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Rummel, Klepper & Kahl put in about $3,311 per active participant, more than the typical peer ($3,082). 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 | $5,951,095 |
| Participant (employee) contributions | $16,025,201 |
| Other contributions (incl. rollovers in) | $3,542,417 |
| Administrative expenses paid from the plan | $141,487 |
| Benefits paid out | $10,345,410 |
| Net assets, start / end of year | $251.1M / $303.4M |
| Active participants, start / end of year | 1,572 / 2,023 |
| Participants with account balances | 2,083 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Yount, Hyde & Barbour, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $142,235 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929131139NAL0013895104001, received 2025-09-29, EIN 52-0599112, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.