Plan Ledger DOL Form 5500 · updated monthly

Rollex Corporation401(k)

ROLLEX CORPORATION HOURLY 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Rollex Corporation reported $1,571 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $692 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 fell from 0.21% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,464th of 3,702), and 13,207th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 97 to 148 since 2022.

Plan summary
Net assets, end of year$1,175,667
Participants with balances187
Active participants148
Employer contributions$102,440
Employee contributions$133,627
Employer contribution per active participant$692
Average account balance$6,287
Benefits paid to participants$69,586
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 187 accts · $102K emplr
2023$907K · 151 accts · $80K emplr
2022$731K · 124 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,571
Total administrative$1,571
The Rollex Corporation 401(k) match · 2024
Employer contribution per active participant$692
Median for plans this size$1,313
2024$692 per active participant
2023$678 per active participant
2022$660 per active participant

Rollex Corporation's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Recordkeeping$1,570
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$1,571 · 0.15%
2023$1,887 · 0.23%
2022$1,705 · 0.21%
Similar plansManufacturing · Illinois
Filter Technology, Inc. IL$1.5M · 0.37%
The Gsi Group, LLC IL$1.2M · 0.05%
Flex-N-Gate Michigan LLC IL$1.2M · 0.25%
Herman Seekamp, Inc. IL$863K · 0.68%
Midan, Inc. IL$804K · 0.65%
Nuestro Queso, LLC IL$797K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363435871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.