Plan Ledger DOL Form 5500 · updated monthly

Rogan Shoes, Incorporated401(k)

ROGAN SHOES, INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST · RACINE, WI · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Rogan Shoes, Incorporated reported $58,080 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $678 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 1 year on file its reported administrative ratio fell from 0.41% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 884th-largest of 1,936 plans among Wisconsin employers on file, and the 1,500th of 5,215 in retail trade. In 2023, employees put in $5.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,317,191
Participants with balances208
Active participants164
Employer contributions$111,135
Employee contributions$623,167
Employer contribution per active participant$678
Average account balance$92,871
Benefits paid to participants$197,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $111K emplr
2023$19.3M · 208 accts · $111K emplr
2022$16.0M · 212 accts · $222K emplr
The Rogan Shoes, Incorporated 401(k) match · 2023
Employer contribution per active participant$678
Median for plans this size$2,440
2023$678 per active participant
2022$1,270 per active participant

Rogan Shoes, Incorporated's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHNSON BANK · Recordkeeping · Trustee$58,080

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

Administrative cost history3
2024Not separately reported
2023$58,080 · 0.33%
2022$69,998 · 0.41%
Same employer
Similar plansRetail Trade · Wisconsin
Nasco Education LLC WI$20.8M · 0.32%
T.R. Nelson, Inc. WI$20.7M · 0.67%
Gross Motors, Inc. WI$20.5M · 0.03%
Holiday Auto WI$20.3M · 0.46%
Leadcar Systems, Inc. WI$19.1M · 0.38%
Full Compass Systems, LTD. WI$19.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391391994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.