Plan Ledger DOL Form 5500 · updated monthly

Ross Industries, Inc.401(k)

ROSS INDUSTRIES, INC. 401(K) PLAN · MIDLAND VA, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Ross Industries, Inc. reported $25,709 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,705 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 rose from 0.16% to 0.24%. 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 Virginia (1,345th of 2,266), and 8,058th of 13,661 in manufacturing. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,911,923
Participants with balances157
Active participants115
Employer contributions$771,027
Employee contributions$548,065
Employer contribution per active participant$6,705
Average account balance$75,872
Benefits paid to participants$707,954
Plan auditUnmodified (clean) audit opinion
AuditorPB MARES
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 157 accts · $771K emplr
2023$9.9M · 159 accts · $920K emplr
2022$7.4M · 138 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,120
Investment management$18,589
Total administrative$25,709
The Ross Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$6,705
Median for plans this size$2,416
2024$6,705 per active participant
2023$7,732 per active participant
2022$6,604 per active participant

Ross Industries, Inc.'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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$7,120

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$25,709 · 0.24%
2023$14,561 · 0.17%
2022$12,699 · 0.16%
Same employer
Similar plansManufacturing · Virginia
Main Industries, Inc. VA$13.0M · 0.14%
Accutec Blades, Inc. VA$12.9M · 0.74%
Valcom, Inc. VA$12.8M · 0.06%
Monoflo International, Inc. VA$12.5M · 0.08%
Aip-Cas Holdings, LLC VA$11.5M · 0.43%
Shickel Corporation VA$11.4M · 0.41%
Rolls Royce N.A. Inc. VA$11.3M · 0.16%
Paramont Mfg LLC VA$11.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540843501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.