Plan Ledger DOL Form 5500 · updated monthly

Roco Management401(k)

ROCO MANAGEMENT 401K PLAN · BLOOMFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
1.67%

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

Roco Management reported $43,017 in plan administrative expenses for 2024: 1.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,148 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 2.37% to 1.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (2,283rd of 2,619), and 4,610th of 5,337 in construction. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,723,025
Participants with balances182
Active participants125
Employer contributions$143,516
Employee contributions$349,409
Employer contribution per active participant$1,148
Average account balance$14,962
Benefits paid to participants$425,418
Plan auditQualified audit opinion
AuditorGODRON ADVISORS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 182 accts · $144K emplr
2023$2.4M · 167 accts · $126K emplr
2022$2.2M · 515 accts · $18K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,517
Audit (IQPA)$13,500
Total administrative$43,017
The Roco Management 401(k) match · 2024
Employer contribution per active participant$1,148
Median for plans this size$1,313
2024$1,148 per active participant
2023$1,018 per active participant
2022$144 per active participant

Roco Management's 2024 employer contribution ran below the $1,313 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
GORDON ADVISORS, P.C. · Accounting / audit$13,500

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$43,017 · 1.67%
2023$86,929 · 3.74%
2022$60,211 · 2.37%
Same employer
Similar plansConstruction · Michigan
Jde Concrete Inc. MI$3.0M · 0.44%
Hard Rock Stone Works MI$2.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475571246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.