Plan Ledger DOL Form 5500 · updated monthly

Roechling Industrial Cleveland401(k)

ROECHLING INDUSTRIAL CLEVELAND 401(K) RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Roechling Industrial Cleveland reported $65,944 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,825 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. 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 1,468th-largest of 3,295 plans among Ohio employers on file, and the 6,490th of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 147 to 179 since 2022.

Plan summary
Net assets, end of year$17,346,808
Participants with balances197
Active participants179
Employer contributions$326,620
Employee contributions$925,178
Employer contribution per active participant$1,825
Average account balance$88,055
Benefits paid to participants$566,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 197 accts · $327K emplr
2023$14.8M · 186 accts · $295K emplr
2022$12.8M · 164 accts · $283K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,944
Total administrative$65,944
The Roechling Industrial Cleveland 401(k) match · 2024
Employer contribution per active participant$1,825
Median for plans this size$2,416
2024$1,825 per active participant
2023$1,746 per active participant
2022$1,922 per active participant

Roechling Industrial Cleveland's 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,268
ASCENSUS · Contract administrator · Other services$5,268
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$65,944 · 0.41%
2023$52,482 · 0.38%
2022$54,123 · 0.40%
Same employer
Similar plansManufacturing · Ohio
Armor Metal Group, Inc. OH$17.5M · 0.49%
Wyandot, Inc. OH$17.4M · 0.04%
R. G. Barry Corporation OH$17.3M · 0.16%
Forge Biologics, Inc. OH$17.3M · 0.22%
Bear Diversified Inc. OH$17.2M · 0.62%
Rize Home LLC OH$17.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261715912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.