Plan Ledger DOL Form 5500 · updated monthly

Rocket Industrial, Inc.401(k)

ROCKET INDUSTRIAL EMPLOYEE'S 401(K) RETIREMENT PLAN · WAUSAU, WI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Rocket Industrial, Inc. reported $57,692 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,612 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 0.45% to 0.41%. 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 among the smaller plans on file in Wisconsin (1,029th of 1,936), and 2,334th of 4,246 in wholesale trade. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,395,719
Participants with balances166
Active participants141
Employer contributions$368,345
Employee contributions$1,482,412
Employer contribution per active participant$2,612
Average account balance$92,745
Benefits paid to participants$1,444,458
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 166 accts · $368K emplr
2023$12.9M · 160 accts · $358K emplr
2022$10.8M · 162 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,675
Investment management$17,339
Trustee / custodial$36,678
Total administrative$57,692
The Rocket Industrial, Inc. 401(k) match · 2024
Employer contribution per active participant$2,612
Median for plans this size$2,416
2024$2,612 per active participant
2023$2,574 per active participant
2022$2,492 per active participant

Rocket Industrial, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$40,353
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$17,339

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$57,692 · 0.41%
2023$53,582 · 0.45%
2022$50,690 · 0.45%
Same employer
Similar plansWholesale Trade · Wisconsin
Icp Inc. WI$16.5M · 0.47%
Alsum Farms & Produce, Inc. WI$15.6M · 0.42%
Halron Lubricants Inc. WI$15.3M · 0.33%
Marsh Electronics, Inc. WI$15.1M · 0.41%
Winona Foods Inc. WI$15.0M · 0.40%
Bills Distributing, LTD. WI$14.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 396059764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.