Rauland-Borg Corporation401(k)
RAULAND-BORG CORPORATION PROFIT SHARING & RETIREMENT SAVINGS PLAN · MOUNT PROSPECT, IL · plan year 2024
Rauland-Borg Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $51,037,282 across 338 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 897th-largest of 3,702 plans among Illinois employers on file, and the 3,103rd of 13,661 in manufacturing. active participation has grown from 93 to 237 since 2022.
Rauland-Borg Corporation's 2024 employer contribution ran below the $2,416 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 362124601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.