Plan Ledger DOL Form 5500 · updated monthly

Rogers Machinery Company, Inc.401(k)

ROGERS MACHINERY COMPANY, INC. 401(K) PROFIT SHARING PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Rogers Machinery Company, Inc. reported $137,629 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $5,433 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 rose from 0.17% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 135th-largest of 1,021 plans among Oregon employers on file, and the 2,478th of 13,661 in manufacturing. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,657,992
Participants with balances560
Active participants371
Employer contributions$2,015,715
Employee contributions$2,087,777
Employer contribution per active participant$5,433
Average account balance$124,389
Benefits paid to participants$6,186,699
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.7M · 560 accts · $2.0M emplr
2023$67.4M · 525 accts · $3.9M emplr
2022$59.7M · 500 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,366
Investment management$12,500
Audit (IQPA)$32,760
Trustee / custodial$21,503
Total administrative$137,629
The Rogers Machinery Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,433
Median for plans this size$3,635
2024$5,433 per active participant
2023$11,103 per active participant
2022$4,914 per active participant

Rogers Machinery Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
NWPS · Recordkeeping · Consulting$53,366
SHANNON & ASSOCIATES · Accounting / audit$32,760
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$21,503
HUMAN INVESTING · Investment advisory (participants) · Participant communication$17,500
RELIANT CONSULTING & RESEARCH · Investment advisory (plan) · Investment management$12,500

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$137,629 · 0.20%
2023$118,572 · 0.19%
2022$108,190 · 0.17%
Same employer
Similar plansManufacturing · Oregon
Stimson Lumber Company OR$99.5M · 0.08%
Datalogic USA, Inc. OR$94.3M · 0.29%
Vigor Industrial LLC OR$74.4M · 0.17%
Membrane Holdings LLC OR$66.7M · 0.28%
Radisys Corporation OR$64.7M · 0.10%
Planar Systems, Inc. OR$64.6M · 0.06%
Swanson Group, Inc. OR$64.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930367459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.