Plan Ledger DOL Form 5500 · updated monthly

Rolf C. Hagen USA Corp401(k)

ROLF C. HAGEN (USA) CORP. 401(K) PLAN · MANSFIELD, MA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Rolf C. Hagen USA Corp reported $31,050 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,702 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 has held roughly steady near 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (1,928th of 2,726), and 2,691st of 5,215 in retail trade. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,638,842
Participants with balances98
Active participants123
Employer contributions$209,337
Employee contributions$453,989
Employer contribution per active participant$1,702
Average account balance$98,356
Benefits paid to participants$1,291,506
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.6M · 98 accts · $209K emplr
2022$8.8M · 110 accts · $211K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,415
Investment management$22,635
Total administrative$31,050
The Rolf C. Hagen USA Corp 401(k) match · 2023
Employer contribution per active participant$1,702
Median for plans this size$1,308
2023$1,702 per active participant
2022$1,399 per active participant

Rolf C. Hagen USA Corp's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$22,635
ADP, INC. · Loan processing · Recordkeeping$8,415

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

Administrative cost history2
2023$31,050 · 0.34%
2022$30,349 · 0.32%
Same employer
Similar plansRetail Trade · Massachusetts
Sullivans Pharmacy MA$10.3M · 0.24%
Richard Lundgren, Inc. MA$10.1M · 0.29%
Norwood Subaru, Inc. MA$9.8M · 1.10%
U.S. Art Company, Inc. MA$9.1M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042559076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.