Plan Ledger DOL Form 5500 · updated monthly

Roush Industries, Inc.401(k)

ROUSH 401(K) PROFIT SHARING PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Roush Industries, Inc. reported $399,798 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $1,270 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 0.10% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 89th-largest of 2,619 plans among Michigan employers on file, and the 725th of 13,661 in manufacturing. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$366,546,610
Participants with balances3,912
Active participants4,518
Employer contributions$5,738,644
Employee contributions$21,091,786
Employer contribution per active participant$1,270
Average account balance$93,698
Benefits paid to participants$31,663,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$366.5M · 3,912 accts · $5.7M emplr
2023$329.7M · 4,018 accts · $5.6M emplr
2022$282.7M · 4,072 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$235,128
Investment management$88,625
Total administrative$399,798
The Roush Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,270
Median for plans this size$4,294
2024$1,270 per active participant
2023$1,237 per active participant
2022$957 per active participant

Roush Industries, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$235,128
GALLAGHER FIDUCIARY ADVISORS, LLC$65,000
GRANT THORNTON LLP$23,625

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$399,798 · 0.11%
2023$308,286 · 0.10%
2022$317,342 · 0.10%
Similar plansManufacturing · Michigan
Wk Kellogg Co MI$372.8M
La-Z-Boy Incorporated MI$351.3M · 0.23%
Trelleborg Corporation MI$322.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382080919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.