Plan Ledger DOL Form 5500 · updated monthly

A. Raymond Corporate North America401(k)

A. RAYMOND CORPORATE NA, INC. 401(K) PLAN · ROCHESTER HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

A. Raymond Corporate North America reported $121,177 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,133 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.13% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 347th-largest of 2,619 plans among Michigan employers on file, and the 2,188th of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,825,029
Participants with balances686
Active participants725
Employer contributions$1,546,560
Employee contributions$3,369,741
Employer contribution per active participant$2,133
Average account balance$120,736
Benefits paid to participants$6,544,342
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.8M · 686 accts · $1.5M emplr
2023$73.6M · 723 accts · $1.6M emplr
2022$63.8M · 827 accts · $1.5M emplr
The A. Raymond Corporate North America 401(k) match · 2024
Employer contribution per active participant$2,133
Median for plans this size$3,635
2024$2,133 per active participant
2023$2,164 per active participant
2022$2,136 per active participant

A. Raymond Corporate North America's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE · Other services$121,177
NATIONWIDE · Investment management$42,967
NATIONWIDE · Investment management$5,766
NATIONWIDE · Investment management$1,791

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$121,177 · 0.15%
2023$107,319 · 0.16%
2022$92,599 · 0.13%
Same employer
Similar plansManufacturing · Michigan
US Farathane, LLC MI$86.4M · 0.28%
Bridgewater Interiors, LLC MI$83.5M · 0.18%
Saf-Holland, Inc. MI$83.4M · 0.13%
Stiles Machinery, Inc. MI$83.2M · 0.09%
Niterra North America, Inc. MI$82.2M · 0.05%
Neapco Holdings, LLC MI$81.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271088874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.