Plan Ledger DOL Form 5500 · updated monthly

Research Products Corporation401(k)

RESEARCH PRODUCTS CORPORATION INCENTIVE SAVINGS PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Research Products Corporation reported $72,297 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,014 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 0.13% to 0.09%. 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 248th-largest of 1,936 plans among Wisconsin employers on file, and the 2,041st of 13,661 in manufacturing. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,543,560
Participants with balances509
Active participants362
Employer contributions$3,262,984
Employee contributions$4,073,871
Employer contribution per active participant$9,014
Average account balance$177,885
Benefits paid to participants$4,872,728
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$90.5M · 509 accts · $3.3M emplr
2023$76.4M · 468 accts · $3.2M emplr
2022$65.3M · 474 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,118
Investment management$41,879
Total administrative$72,297
The Research Products Corporation 401(k) match · 2024
Employer contribution per active participant$9,014
Median for plans this size$3,635
2024$9,014 per active participant
2023$9,488 per active participant
2022$8,817 per active participant

Research Products Corporation's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
SPECTRUM INVESTMENT ADVISORS INC · Investment advisory (plan)$41,879
QDRO CONSULTANTS COMPANY, LLC$300

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$72,297 · 0.09%
2023$91,684 · 0.13%
2022$95,297 · 0.13%
All plans at this employer2
RESEARCH PRODUCTS CORPORATION INCENTIVE SAVINGS PLAN401(k)
RESEARCH PRODUCTS CORPORATION PRODUCTION STAFF 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Wisconsin
Meridian Industries, Inc. WI$94.8M · 0.21%
Central Processing Corp. WI$92.6M · 0.41%
Aws/Gb Corporation WI$90.5M · 0.28%
Jockey International, Inc. WI$89.4M · 0.25%
Weather Shield Mfg., Inc. WI$89.0M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390566098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.