Plan Ledger DOL Form 5500 · updated monthly

R&L Spring Company401(k)

R&L SPRING COMPANY 401(K) PLAN · LAKE GENEVA, WI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

R&L Spring Company reported $66,246 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,767 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 3 years on file its reported administrative ratio has held roughly steady near 0.283%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 718th-largest of 1,936 plans among Wisconsin employers on file, and the 5,025th of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,730,581
Participants with balances270
Active participants238
Employer contributions$420,562
Employee contributions$1,091,412
Employer contribution per active participant$1,767
Average account balance$95,298
Benefits paid to participants$518,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 270 accts · $421K emplr
2023$21.1M · 273 accts · $338K emplr
2022$17.5M · 256 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,246
Investment management$20,000
Total administrative$66,246
The R&L Spring Company 401(k) match · 2024
Employer contribution per active participant$1,767
Median for plans this size$2,416
2024$1,767 per active participant
2023$1,424 per active participant
2022$1,483 per active participant

R&L Spring Company's 2024 employer contribution ran below the $2,416 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
PROSPERA FINANCIAL SERVICES INC · Investment advisory (plan)$20,000
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator$6,500

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$66,246 · 0.28%
2023$54,599 · 0.28%
2022$54,074 · 0.28%
Same employer
Similar plansManufacturing · Wisconsin
Enercon Industries, Inc. WI$26.1M · 0.19%
Primex Inc. WI$25.7M · 0.19%
Share Corporation WI$25.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362736580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.