Plan Ledger DOL Form 5500 · updated monthly

Brc Rubber Group, Inc.401(k)

BRC RUBBER GROUP, INC. 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Brc Rubber Group, Inc. reported $20,557 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $343 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 0.21% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (897th of 1,562), and 8,814th of 13,661 in manufacturing. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,928,838
Participants with balances146
Active participants380
Employer contributions$130,269
Employee contributions$452,022
Employer contribution per active participant$343
Average account balance$68,006
Benefits paid to participants$753,734
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 146 accts · $130K emplr
2023$8.3M · 179 accts · $128K emplr
2022$6.6M · 179 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,557
Total administrative$20,557
The Brc Rubber Group, Inc. 401(k) match · 2024
Employer contribution per active participant$343
Median for plans this size$1,313
2024$343 per active participant
2023$343 per active participant
2022$352 per active participant

Brc Rubber Group, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
FUTUREPLAN · Recordkeeping · Consulting$20,557

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

Recordkeeper by year2
2024FUTUREPLAN
2023FUTUREPLAN

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Administrative cost history3
2024$20,557 · 0.23%
2023$14,512 · 0.19%
2022$16,842 · 0.21%
Same employer
Similar plansManufacturing · Indiana
Angola Wire Products, Inc. IN$10.0M · 0.35%
Hamilton Exhibits, LLC IN$9.8M · 0.64%
Intech Trailers Inc. IN$9.3M · 0.03%
Richmond Baking Company IN$9.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351636703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.