Plan Ledger DOL Form 5500 · updated monthly

Roers Management, Inc.401(k)

ROERS 401(K) RETIREMENT PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Roers Management, Inc. reported $22,284 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $676 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 0.43%. 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 North Dakota (231st of 279), and 3,935th of 5,337 in construction. In 2024, employees put in $5.72 for every $1.00 the employer contributed; active participation has grown from 100 to 112 since 2022.

Plan summary
Net assets, end of year$5,241,862
Participants with balances122
Active participants112
Employer contributions$75,679
Employee contributions$432,870
Employer contribution per active participant$676
Average account balance$42,966
Benefits paid to participants$1,111,111
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 122 accts · $76K emplr
2023$5.2M · 121 accts · $67K emplr
2022$4.3M · 111 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,284
Total administrative$22,284
The Roers Management, Inc. 401(k) match · 2024
Employer contribution per active participant$676
Median for plans this size$1,313
2024$676 per active participant
2023$526 per active participant
2022$690 per active participant

Roers Management, Inc.'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 · 20241
BELL BANK · Recordkeeping · Trustee$22,284

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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Administrative cost history3
2024$22,284 · 0.43%
2023$20,018 · 0.42%
2022$20,792 · 0.45%
Similar plansConstruction · North Dakota
Pkg Contracting Inc. ND$7.3M · 0.47%
Vector Construction, Inc. ND$7.1M · 0.79%
Enclave Construction, LLC ND$6.4M · 0.46%
All Finish Concrete, Inc. ND$2.7M · 0.65%
Tek Energy Services ND$2.5M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450358262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.