Reserve Management Group 401(K) Plan — Form 5500 plan (Rmg Investment Group, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Reserve Management Group 401(K) Plan is a benefit plan reported by Rmg Investment Group, LLC under EIN 45-2588798 and plan number 001. The latest loaded filing year is 2023. The filing reports 846 participants and $23,664,965 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$23.6MPlan net assets, end of year$23,628,043
Participants846Covered participants reported
Assets / participant$28KComputed: assets ÷ participants$27,973 (computed)
Provider compensation$154.9K2 Schedule C provider row(s)$154,913
- Plan sponsor
- Rmg Investment Group, LLC
- EIN
- 45-2588798
- Plan number
- 001
- Plan type
- 2
- Location
- Stow, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 846 | H, C | 20241015093107NAL0048671776005 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$23.7M total assets
Net assets$23.6MLiabilities$36.9K
Full reported line items
Net assets
- Total assets (EOY)
- $23,664,965
- Total liabilities (EOY)
- $36,922
- Net assets (EOY)
- $23,628,043
- Net assets (BOY)
- $19,874,789
Income & contributions
- Employer contributions
- $1,213,264
- Participant contributions
- $1,933,409
- Total contributions
- $3,161,673
- Total income / additions
- $6,448,226
Expenses & distributions
- Benefits paid
- $2,539,312
- Administrative expenses
- $154,913
- Total expenses
- $2,694,963
- Net increase / (decrease)
- $3,753,263
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
39%61%
Employer 39%Participant 61%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Associated Trust Company, N.A. | NONE | $141,113 | $0 | 2023 |
| Bober, Markey & Fedorovich | NONE | $13,800 | not reported in the loaded dataset | 2023 |