Plan Ledger DOL Form 5500 · updated monthly

Roman Manufacturing, Inc.401(k)

ROMAN MANUFACTURING, INC. EMPLOYEES' INVESTMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.37%

Roman Manufacturing, Inc. reported $73,558 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. 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 0.33% to 0.37%. 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 the 1,018th-largest of 2,619 plans among Michigan employers on file, and the 5,824th of 13,661 in manufacturing. active participation has grown from 151 to 214 since 2022.

Plan summary
Net assets, end of year$20,582,584
Participants with balances247
Active participants214
Employer contributions—
Employee contributions$1,048,280
Employer contribution per active participant—
Average account balance$83,330
Benefits paid to participants$3,397,996
Plan auditUnmodified (clean) audit opinion
AuditorBAKER HOLTZ
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 247 accts
2023$19.5M · 290 accts · $836K emplr
2022$18.5M · 189 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,558
Total administrative$73,558
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$73,558
PRINCIPAL SECURITIES INC · Investment advisory (plan)indirect 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$73,558 · 0.37%
2023$64,208 · 0.34%
2022$69,056 · 0.33%
Same employer
Similar plansManufacturing · Michigan
Ort Tool & Die Corporation MI$20.8M · 0.24%
Nd Industries Inc MI$20.8M · 0.40%
Ilmor Engineering, Inc MI$20.7M · 0.22%
Th Plastics, Inc. MI$20.6M · 0.10%
Valiant International, Inc. MI$20.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382309443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.