Plan Ledger DOL Form 5500 · updated monthly

Rco Engineering, Inc.401(k)

RCO ENGINEERING, INC. 401(K) PLAN · ROSEVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Rco Engineering, Inc. reported $31,955 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $476 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 0.047% to 0.054%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 449th-largest of 2,619 plans among Michigan employers on file, and the 2,737th of 13,661 in manufacturing. In 2024, employees put in $11.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,350,219
Participants with balances701
Active participants545
Employer contributions$259,598
Employee contributions$2,931,932
Employer contribution per active participant$476
Average account balance$87,518
Benefits paid to participants$5,429,676
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.4M · 701 accts · $260K emplr
2023$57.1M · 759 accts · $316K emplr
2022$49.9M · 753 accts · $276K emplr
Administrative expenses, itemized · 2024
Investment management$100,744
Total administrative$31,955
The Rco Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$476
Median for plans this size$3,635
2024$476 per active participant
2023$555 per active participant
2022$465 per active participant

Rco Engineering, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$100,744
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$31,955 · 0.05%
2023$25,973 · 0.05%
2022$25,736 · 0.05%
Same employer
Similar plansManufacturing · Michigan
Adrian Steel Company MI$63.0M · 0.26%
Kamps, Inc. MI$62.1M · 0.43%
Gentherm Incorporated MI$61.8M · 0.30%
Besser Company MI$61.3M · 0.00%
Trijicon, Inc. MI$60.3M · 0.02%
Bradford Company MI$57.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382502121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.