How much does Robin Industries, Inc. contribute to its ESOP?

In 2022, employer contributions to the Robin Industries, Inc. plan averaged $10,264 per active participant, above the $3,449 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Robin Industries, Inc. 401(k)?

The average participant account balance was $102,882 for plan year 2022, based on 644 accounts.

Robin Industries, Inc.ESOP

Name: Robin Industries, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ROBIN INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · INDEPENDENCE, OH · plan year 2022

Employer contribution per participant · 2022

$10,264

Robin Industries, Inc.'s 2022 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 $66,256,317 across 644 participant accounts, with employer contributions averaging $10,264 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 515th-largest of 3,295 plans among Ohio employers on file, and the 2,565th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$66,256,317
Participants with balances644
Active participants341
Employer contributions$3,500,000
Employee contributions—
Employer contribution per active participant$10,264
Average account balance$102,882
Benefits paid to participants$7,097,815
Plan auditUnmodified (clean) audit opinion
AuditorMEADEN & MOORE, LTD.

Plan history3

Yearassets · accounts · employer contribution

2024$54.1M · 686 accts · $3.5M emplr

2023$57.9M · 670 accts · $3.7M emplr

2022$66.3M · 644 accts · $3.5M emplr

Employer contributions to the Robin Industries, Inc. plan · 2022

Employer contribution per active participant$10,264

Median for plans this size$3,449

2024$10,479 per active participant

2023$10,663 per active participant

2022$10,264 per active participant

Robin Industries, Inc.'s 2022 employer contribution ran above the $3,449 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.

Administrative cost history3

2024$1,550 · 0.00%

2023Not separately reported

2022Not separately reported

All plans at this employer2

ROBIN INDUSTRIES, INC. EMPLOYEES' 401(K) PLAN401(k)

ROBIN INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Robin Industries, Inc.'s health & benefits plan: carriers, premiums & broker pay

Similar plansManufacturing · Ohio
Commercial Vehicle Group, Inc. OH$67.3M · 0.08%
Molded Fiber Glass Companies OH$67.2M · 0.24%
Roppe Corporation OH$66.8M · 0.05%
Advanced Lighting Technologies, LLC OH$66.4M
Hbd Industries, Inc. OH$66.0M · 0.23%
Ferroglobe USA Metallurgical, Inc. OH$65.8M · 0.17%
Xtek Inc OH$65.7M
Inoac Exterior Systems, LLC OH$64.9M · 0.19%

Why are you looking at this plan?

Compare
401(k) plans in Ohio
Worked here before? Find your old 401(k)
401(k) plans in Manufacturing
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 340687154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.