Plan Ledger DOL Form 5500 · updated monthly

Rohrer Corporation401(k)

ROHRER CORPORATION AMENDED AND RESTATED PROFIT SHARING PLAN AND TRUST · WADSWORTH, OH · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Rohrer Corporation reported $227,720 in plan administrative expenses for 2023: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $388 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 0.30% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 438th-largest of 3,295 plans among Ohio employers on file, and the 2,220th of 13,661 in manufacturing. In 2023, employees put in $8.68 for every $1.00 the employer contributed; active participation has shrunk from 1,044 to 882 since 2022.

Plan summary
Net assets, end of year$81,405,037
Participants with balances1,063
Active participants882
Employer contributions$342,512
Employee contributions$2,973,978
Employer contribution per active participant$388
Average account balance$76,580
Benefits paid to participants$11,939,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.4M · 921 accts · $339K emplr
2023$81.4M · 1,063 accts · $343K emplr
2022$78.4M · 1,230 accts · $828K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$227,720
Total administrative$227,720
The Rohrer Corporation 401(k) match · 2023
Employer contribution per active participant$388
Median for plans this size$3,659
2024$482 per active participant
2023$388 per active participant
2022$793 per active participant

Rohrer Corporation's 2023 employer contribution ran below the $3,659 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 · 20235
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$257,354
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (plan)indirect comp
LPL FINANCIAL LLC · Other servicesindirect comp
MML INVESTORS SERVICES LLC · Other servicesindirect comp
MML INSURANCE AGENCY LLC · Other servicesindirect 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$255,502 · 0.33%
2023$227,720 · 0.29%
2022$246,024 · 0.30%
Same employer
Similar plansManufacturing · Ohio
State Industrial Products OH$83.7M · 0.12%
Meyer Tool, Inc. OH$82.5M · 0.05%
Remington Products Company OH$78.9M · 0.14%
Vita-Mix Holdings Company OH$76.7M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341134300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.