Plan Ledger DOL Form 5500 · updated monthly

Rochester Metal Products Corp.401(k)

ROCHESTER METAL PRODUCTS CORP. PROFIT SHARING SAVINGS PLAN · MUNCIE, IN · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Rochester Metal Products Corp. reported $50,731 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,164 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 0.20% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 608th-largest of 1,562 plans among Indiana employers on file, and the 2,054th of 4,246 in wholesale trade. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,210,641
Participants with balances246
Active participants248
Employer contributions$288,598
Employee contributions$899,913
Employer contribution per active participant$1,164
Average account balance$74,027
Benefits paid to participants$1,678,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 246 accts · $289K emplr
2023$16.0M · 266 accts · $261K emplr
2022$15.2M · 258 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,731
Total administrative$50,731
The Rochester Metal Products Corp. 401(k) match · 2024
Employer contribution per active participant$1,164
Median for plans this size$2,416
2024$1,164 per active participant
2023$1,025 per active participant
2022$946 per active participant

Rochester Metal Products Corp.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,730
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)$8,075

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$50,731 · 0.30%
2023$44,462 · 0.28%
2022$37,229 · 0.20%
Same employer
Similar plansWholesale Trade · Indiana
Bell Industries, Inc. IN$23.3M · 0.48%
Stanz-Troyer Holdings, LLC IN$22.4M · 0.18%
Valbruna Stainless, Inc. IN$18.7M · 0.11%
Winkler, Inc. IN$18.0M · 0.06%
Mid-City Supply Co., Inc. IN$17.0M · 0.68%
Trends International, LLC IN$16.7M · 0.46%
National Oil and Gas, Inc. IN$15.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351079835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.