Plan Ledger DOL Form 5500 · updated monthly

Rochester Dairy Industry Individual Pension Account Plan401(k)

ROCHESTER DAIRY INDUSTRY INDIVIDUAL PENSION ACCOUNT PLAN · ROCHESTER, NY · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Rochester Dairy Industry Individual Pension Account Plan reported $100,135 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,835 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 0.46% to 0.52%. 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 2,566th-largest of 5,648 plans among New York employers on file, and the 6,026th of 13,661 in manufacturing. In 2023, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,501,254
Participants with balances259
Active participants201
Employer contributions$368,914
Employee contributions$729,673
Employer contribution per active participant$1,835
Average account balance$75,294
Benefits paid to participants$2,676,927
Plan auditUnmodified (clean) audit opinion
AuditorSTOKES, VISCA,HUCKO & BARONE, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 279 accts · $417K emplr
2023$19.5M · 259 accts · $369K emplr
2022$18.5M · 247 accts · $324K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,460
Investment management$25,000
Audit (IQPA)$18,500
Total administrative$100,135
The Rochester Dairy Industry Individual Pension Account Plan 401(k) match · 2023
Employer contribution per active participant$1,835
Median for plans this size$2,440
2024$1,504 per active participant
2023$1,835 per active participant
2022$1,487 per active participant

Rochester Dairy Industry Individual Pension Account Plan's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
PRUDENTIAL RETIREMENT INSURANCE · Contract administrator · Recordkeeping$31,460
ONE DIGITAL TOPCO LLC · Investment management$18,750
SEAN HUCKO, CPA, LLC · Legal$18,500
HARTER SECREST & EMERY LLP · Legal$17,050
MARSH USA INC · Insurance services$8,125
RESOURCES INVESTMENT ADVISORS INC · Investment management$6,250

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$100,493 · 0.52%
2023$100,135 · 0.53%
2022$90,067 · 0.46%
Similar plansManufacturing · New York
Calico Cottage, Inc. NY$19.9M · 0.00%
Ross Video, Inc. NY$19.7M · 0.57%
Bush Industries, Inc. NY$19.5M · 0.01%
Kari-Out NY$19.0M · 0.50%
Reid Petroleum Corporation NY$18.8M · 0.40%
Taylor Devices, Inc. NY$18.6M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 166019488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.