Plan Ledger DOL Form 5500 · updated monthly

Roberts Sinto Corporation401(k)

ROBERTS SINTO CORPORATION EMPLOYEES' RETIREMENT AND SAVINGS PLAN · GRAND LEDGE, MI · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Roberts Sinto Corporation reported $49,337 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,311 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 0.41% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,111th-largest of 2,619 plans among Michigan employers on file, and the 6,334th of 13,661 in manufacturing. In 2023, employees put in $4.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,029,369
Participants with balances209
Active participants162
Employer contributions$212,328
Employee contributions$907,521
Employer contribution per active participant$1,311
Average account balance$86,265
Benefits paid to participants$1,851,503
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 207 accts · $412K emplr
2023$18.0M · 209 accts · $212K emplr
2022$16.2M · 208 accts · $251K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$49,337
Total administrative$49,337
The Roberts Sinto Corporation 401(k) match · 2023
Employer contribution per active participant$1,311
Median for plans this size$2,440
2024$2,467 per active participant
2023$1,311 per active participant
2022$1,549 per active participant

Roberts Sinto Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,337
O N EQUITY SALES CO · 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$55,758 · 0.31%
2023$49,337 · 0.29%
2022$73,480 · 0.41%
Same employer
Similar plansManufacturing · Michigan
Avasure Opco Holdings, Inc. MI$18.3M · 0.12%
Eos of North America, Inc. MI$18.3M · 0.20%
Wirtz Holding Company, Inc. MI$18.1M · 0.53%
Hatch Stamping Company MI$18.0M · 0.53%
Knight Ergonomics, LTD. MI$18.0M · 0.73%
Ionbond LLC MI$17.9M · 0.37%
Jost International Corp. MI$17.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382734031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.