Plan Ledger DOL Form 5500 · updated monthly

Rage Corporation401(k)

RAGE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · HILLIARD, OH · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Rage Corporation reported $11,308 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $222 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 0.90% to 1.07%. 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 Ohio (3,152nd of 3,295), and 13,244th of 13,661 in manufacturing. In 2024, employees put in $4.97 for every $1.00 the employer contributed; active participation has grown from 94 to 123 since 2022.

Plan summary
Net assets, end of year$1,087,762
Participants with balances170
Active participants123
Employer contributions$27,348
Employee contributions$136,005
Employer contribution per active participant$222
Average account balance$6,399
Benefits paid to participants$211,033
Plan auditUnmodified (clean) audit opinion
AuditorMCCURDY & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 170 accts · $27K emplr
2023$1.0M · 167 accts · $27K emplr
2022$765K · 167 accts · $27K emplr
The Rage Corporation 401(k) match · 2024
Employer contribution per active participant$222
Median for plans this size$1,313
2024$222 per active participant
2023$271 per active participant
2022$289 per active participant

Rage Corporation'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
PAYCHEX, INC. · Contract administrator · Recordkeeping$5,625

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$11,308 · 1.07%
2023$8,668 · 0.97%
2022$7,178 · 0.90%
Similar plansManufacturing · Ohio
Amg Industries, LLC OH$1.3M · 0.72%
Ditsch USA LLC. OH$1.2M · 0.89%
Tiffin Metal Products Co. OH$1.1M · 0.33%
Cw Conveyor, LLC OH$1.1M · 1.33%
Tac Industries, Inc. OH$1.0M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310744345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.