Plan Ledger DOL Form 5500 · updated monthly

Roechling Industrial Gastonia401(k)

ROECHLING INDUSTRIAL GASTONIA 401(K) PLAN · DALLAS, NC · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Roechling Industrial Gastonia reported $75,916 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,881 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 0.37%. 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 711th-largest of 2,005 plans among North Carolina employers on file, and the 5,745th of 13,661 in manufacturing. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,042,827
Participants with balances296
Active participants230
Employer contributions$432,579
Employee contributions$1,336,246
Employer contribution per active participant$1,881
Average account balance$71,091
Benefits paid to participants$2,979,742
Plan auditUnmodified (clean) audit opinion
AuditorBGW CPA CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 296 accts · $433K emplr
2023$19.5M · 297 accts · $412K emplr
2022$17.2M · 264 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,916
Total administrative$75,916
The Roechling Industrial Gastonia 401(k) match · 2024
Employer contribution per active participant$1,881
Median for plans this size$2,416
2024$1,881 per active participant
2023$1,770 per active participant
2022$1,747 per active participant

Roechling Industrial Gastonia'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$71,040
ASCENSUS · Contract administrator · Other services$4,875
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$75,916 · 0.37%
2023$65,946 · 0.36%
2022$68,391 · 0.38%
Same employer
Similar plansManufacturing · North Carolina
Triangle Brick Company NC$21.5M · 0.06%
Flow America, LLC NC$21.3M · 0.18%
Implus Footcare, LLC NC$20.9M · 0.56%
Abb E-Mobility Inc. NC$20.5M · 0.04%
Mm Packaging US Inc. NC$20.3M · 0.58%
Joerns Healthcare, LLC NC$20.0M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561572226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.