Plan Ledger DOL Form 5500 · updated monthly

Roller Bearing Co of America Inc.401(k)

ROLLER BEARING COMPANY OF AMERICA NONEXEMPT SECTION 401(K) PLAN · OXFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Roller Bearing Co of America Inc. reported $29,969 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,024 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (646th of 1,106), and 7,211th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,600,613
Participants with balances311
Active participants254
Employer contributions$514,067
Employee contributions$715,315
Employer contribution per active participant$2,024
Average account balance$46,947
Benefits paid to participants$1,059,531
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 311 accts · $514K emplr
2023$13.1M · 303 accts · $458K emplr
2022$12.0M · 304 accts · $439K emplr
The Roller Bearing Co of America Inc. 401(k) match · 2024
Employer contribution per active participant$2,024
Median for plans this size$2,416
2024$2,024 per active participant
2023$1,875 per active participant
2022$1,813 per active participant

Roller Bearing Co of America Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$27,291
VANGUARD ADVISERS INC. · Investment advisory (participants)$4,282

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$29,969 · 0.22%
2023$18,145 · 0.14%
2022$27,698 · 0.21%
Similar plansManufacturing · Connecticut
Turbine Controls, Inc. CT$15.5M · 0.23%
Unger Enterprises, LLC CT$15.3M · 0.03%
The Nudyne Group CT$15.0M · 0.79%
Vista Capital, LLC CT$14.3M · 0.58%
Shepard Steel Co., Inc. CT$14.1M · 0.01%
Kimchuk, Inc. CT$14.1M · 0.12%
Bauer, Inc. CT$13.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030399269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.