Plan Ledger DOL Form 5500 · updated monthly

Rittal North America LLC401(k)

RITTAL 401(K) PLAN · URBANA, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Rittal North America LLC reported $162,095 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,568 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 0.31%. 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 588th-largest of 3,295 plans among Ohio employers on file, and the 2,854th of 13,661 in manufacturing. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 764 to 895 since 2022.

Plan summary
Net assets, end of year$57,329,336
Participants with balances1,025
Active participants895
Employer contributions$2,298,184
Employee contributions$4,979,136
Employer contribution per active participant$2,568
Average account balance$55,931
Benefits paid to participants$6,559,278
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 1,025 accts · $2.3M emplr
2023$48.3M · 904 accts · $1.4M emplr
2022$39.3M · 891 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,049
Investment management$75,046
Total administrative$162,095
The Rittal North America LLC 401(k) match · 2024
Employer contribution per active participant$2,568
Median for plans this size$3,635
2024$2,568 per active participant
2023$1,893 per active participant
2022$1,732 per active participant

Rittal North America LLC's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$87,049
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$55,213
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,834
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect 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$162,095 · 0.31%
2023$133,052 · 0.30%
2022$134,348 · 0.30%
Same employer
Similar plansManufacturing · Ohio
Cincinnati Incorporated OH$58.9M · 0.06%
The Home City Ice Company OH$58.7M · 0.23%
Seaman Development, Inc. OH$57.6M · 0.17%
Vega Americas, Inc. OH$57.0M · 0.14%
Brewster Cheese Company OH$57.0M · 0.30%
Enerfab, Inc. OH$56.7M · 0.41%
Ohio Gratings, Inc. OH$56.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311029409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.