Plan Ledger DOL Form 5500 · updated monthly

Rock Holdings, Inc.401(k)

ROCK HOLDINGS & ASSOCIATED COMPANIES SAVINGS PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Rock Holdings, Inc. reported $1,351,857 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $1,654 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 0.09% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 13th-largest of 2,619 plans among Michigan employers on file, and the 88th of 4,798 in finance & insurance. In 2024, employees put in $5.44 for every $1.00 the employer contributed; active participation has shrunk from 18,984 to 15,943 since 2022.

Plan summary
Net assets, end of year$2,227,574,752
Participants with balances21,497
Active participants15,943
Employer contributions$26,362,802
Employee contributions$143,509,907
Employer contribution per active participant$1,654
Average account balance$103,623
Benefits paid to participants$176,459,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 21,497 accts · $26.4M emplr
2023$1.9B · 22,566 accts · $28.6M emplr
2022$1.6B · 26,447 accts · $42.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$741,073
Investment management$520,784
Total administrative$1,351,857
The Rock Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,654
Median for plans this size$5,259
2024$1,654 per active participant
2023$1,868 per active participant
2022$2,259 per active participant

Rock Holdings, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$767,947
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$520,784
CREATIVE PLANNING, LLC · Consulting$90,000

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$1,351,857 · 0.07%
2023$1,582,624 · 0.09%
2022$1,546,224 · 0.09%
Similar plansFinance & Insurance · Michigan
Ally Financial Inc. MI$2.9B · 0.03%
Empower Retirement, LLC CO$2.2B · 0.00%
Bnp Paribas NY$2.2B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510415135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.