Plan Ledger DOL Form 5500 · updated monthly

Ross Controls401(k)

ROSS CONTROLS RETIREMENT PLAN · FERNDALE, MI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Ross Controls reported $70,743 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,924 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 0.37% to 0.21%. 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 694th-largest of 2,619 plans among Michigan employers on file, and the 4,011th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,296,650
Participants with balances131
Active participants99
Employer contributions$487,466
Employee contributions$892,102
Employer contribution per active participant$4,924
Average account balance$269,440
Benefits paid to participants$3,698,919
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 131 accts · $487K emplr
2023$33.0M · 139 accts · $455K emplr
2022$30.3M · 110 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,388
Investment management$38,355
Total administrative$70,743
The Ross Controls 401(k) match · 2024
Employer contribution per active participant$4,924
Median for plans this size$2,416
2024$4,924 per active participant
2023$4,460 per active participant
2022$4,335 per active participant

Ross Controls'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 · 20243
GREGORY J SCHWARTZ & COMPANY INC · Investment advisory (plan)$33,629
EMPOWER ADVISORY GROUP, LLC · Investment management$4,726

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$70,743 · 0.21%
2023$68,043 · 0.22%
2022$122,462 · 0.37%
Same employer
Similar plansManufacturing · Michigan
Melling Tool Company MI$35.6M · 0.24%
Quality Metalcraft, Inc. MI$35.4M · 0.34%
Mdi Acquisitions, Inc. MI$34.5M · 0.24%
Celia Corporation MI$34.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380985950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.