Plan Ledger DOL Form 5500 · updated monthly

Rockford Toolcraft, Inc.401(k)

ROCKFORD TOOLCRAFT, INC. RETIREMENT PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Rockford Toolcraft, Inc. reported $93,660 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $672 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 0.28% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,466th-largest of 3,702 plans among Illinois employers on file, and the 5,045th of 13,661 in manufacturing. In 2024, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,593,281
Participants with balances270
Active participants345
Employer contributions$231,793
Employee contributions$945,460
Employer contribution per active participant$672
Average account balance$94,790
Benefits paid to participants$3,443,117
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 270 accts · $232K emplr
2023$24.1M · 286 accts · $234K emplr
2022$20.6M · 299 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,091
Investment management$47,569
Total administrative$93,660
The Rockford Toolcraft, Inc. 401(k) match · 2024
Employer contribution per active participant$672
Median for plans this size$2,416
2024$672 per active participant
2023$633 per active participant
2022$608 per active participant

Rockford Toolcraft, Inc.'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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$46,091
RSM US LLP · Accounting / audit$42,000
ONEAMERICA INVESTMENT ADVISORY SVCS · Consulting · Investment advisory (participants)$5,569
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$93,660 · 0.38%
2023$65,909 · 0.29%
2022$65,275 · 0.28%
Same employer
Similar plansManufacturing · Illinois
John Boos & Co. IL$26.3M · 0.31%
Engis Corporation IL$25.9M · 0.55%
Martin Automatic, Inc. IL$25.8M · 0.29%
Hometown Food Company IL$25.5M · 0.12%
Cambridge Brands, Inc. IL$25.3M · 0.03%
Alton Steel, Inc. IL$25.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362770957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.