Plan Ledger DOL Form 5500 · updated monthly

R&B Grinding LLC401(k)

R & B GRINDING CO., INC. 401(K) PLAN · RACINE, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

R&B Grinding LLC reported $17,473 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,196 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 fell from 0.37% to 0.19%. 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 Wisconsin (1,114th of 1,936), and 7,517th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 80 to 190 since 2022.

Plan summary
Net assets, end of year$13,617,425
Participants with balances317
Active participants190
Employer contributions$227,194
Employee contributions$414,869
Employer contribution per active participant$1,196
Average account balance$42,957
Benefits paid to participants$1,250,987
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 317 accts · $227K emplr
2023$4.6M · 121 accts · $188K emplr
2022$3.6M · 105 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,944
Investment management$1,529
Total administrative$17,473
The R&B Grinding LLC 401(k) match · 2024
Employer contribution per active participant$1,196
Median for plans this size$1,313
2024$1,196 per active participant
2023$2,322 per active participant
2022$1,050 per active participant

R&B Grinding LLC's 2024 employer contribution ran below the $1,313 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 · 20243
WATERFORD GROUP LLC · Investment advisory (plan)$11,907

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$17,473 · 0.19%
2023$17,021 · 0.42%
2022$15,792 · 0.37%
Similar plansManufacturing · Wisconsin
Printron Engravers, Inc. WI$13.8M · 0.53%
Bci Burke Company, LLC WI$13.8M · 0.30%
New Glarus Brewing Company WI$13.7M · 0.04%
Uw Provision Company Inc. WI$13.6M · 0.47%
Schwaab, Inc. WI$13.6M · 0.01%
Ace Ethanol WI$13.4M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391046248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.