Plan Ledger DOL Form 5500 · updated monthly

American Roller Bearing Company401(k)

AMERICAN ROLLER BEARING COMPANY RETIREMENT SAVINGS PLAN · HICKORY, NC · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

American Roller Bearing Company reported $6,692 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,831 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 664th-largest of 2,005 plans among North Carolina employers on file, and the 5,357th of 13,661 in manufacturing. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,430,930
Participants with balances268
Active participants191
Employer contributions$349,769
Employee contributions$606,842
Employer contribution per active participant$1,831
Average account balance$87,429
Benefits paid to participants$3,979,605
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,692
Total administrative$6,692
The American Roller Bearing Company 401(k) match · 2022
Employer contribution per active participant$1,831
Median for plans this size$2,266

American Roller Bearing Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,692 · 0.02%
Similar plansManufacturing · North Carolina
South Atlantic, LLC NC$24.8M · 0.26%
Tokai Carbon GE LLC NC$24.6M · 0.07%
T.W. Garner Food Company NC$24.1M · 0.02%
Lexington Home Brands NC$22.9M · 0.19%
McRae Industries, Inc. NC$22.8M · 0.27%
St Engineering Hackney, Inc NC$22.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251203003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.