Plan Ledger DOL Form 5500 · updated monthly

Roland Machinery Company401(k)

ROLAND MACHINERY COMPANY EMPLOYEE BENEFIT PLAN AND TRUST · SPRINGFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Roland Machinery Company reported $90,676 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $5,323 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 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 975th-largest of 3,702 plans among Illinois employers on file, and the 892nd of 4,246 in wholesale trade. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,307,138
Participants with balances458
Active participants314
Employer contributions$1,671,417
Employee contributions$1,987,208
Employer contribution per active participant$5,323
Average account balance$101,107
Benefits paid to participants$4,003,282
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 458 accts · $1.7M emplr
2023$40.4M · 407 accts · $1.5M emplr
2022$33.4M · 399 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,226
Investment management$550
Audit (IQPA)$20,900
Total administrative$90,676
The Roland Machinery Company 401(k) match · 2024
Employer contribution per active participant$5,323
Median for plans this size$2,416
2024$5,323 per active participant
2023$4,717 per active participant
2022$4,987 per active participant

Roland Machinery Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$69,226
SIKICH CPA LLC$20,900

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$90,676 · 0.21%
2023$77,631 · 0.21%
2022$75,058 · 0.20%
Same employer
Similar plansWholesale Trade · Illinois
Enpro Incorporated IL$51.1M · 0.04%
Revere Electric Supply Co. IL$50.9M · 0.14%
Wirtz Corporation IL$49.9M · 0.15%
Group O, Inc. IL$45.2M · 0.26%
Network Services Company IL$44.3M · 0.01%
S & S Activewear, LLC IL$44.0M · 0.20%
Wyffels Hybrids, Inc. IL$43.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371324032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.