Plan Ledger DOL Form 5500 · updated monthly

Rowmark, LLC401(k)

ROWMARK, LLC RETIREMENT PLAN · FINDLAY, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Rowmark, LLC reported $124,780 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,851 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 0.54% to 0.64%. 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 1,283rd-largest of 3,295 plans among Ohio employers on file, and the 5,792nd of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,717,487
Participants with balances305
Active participants227
Employer contributions$420,237
Employee contributions$777,438
Employer contribution per active participant$1,851
Average account balance$67,926
Benefits paid to participants$2,036,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 305 accts · $420K emplr
2023$18.3M · 285 accts · $366K emplr
2022$15.1M · 305 accts · $382K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,453
Investment management$4,867
Total administrative$124,780
The Rowmark, LLC 401(k) match · 2024
Employer contribution per active participant$1,851
Median for plans this size$2,416
2024$1,851 per active participant
2023$1,774 per active participant
2022$1,719 per active participant

Rowmark, LLC's 2024 employer contribution ran below the $2,416 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 · 20245
ASCENSUS LLC · Loan processing · Recordkeeping$4,613
VENTURE VISIONARY PARTNERS. · Investment advisory (plan)$3,486
VENTURE VISIONARY PARTNERS LLCindirect comp
CBIZ BENEFITS AND INSURANCE SERVICE · Other servicesindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)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$124,780 · 0.64%
2023$81,852 · 0.49%
2022$90,532 · 0.54%
Same employer
Similar plansManufacturing · Ohio
Tls Corporation OH$20.8M · 0.03%
Denoon Lumber Company, LLC OH$20.8M · 0.01%
Hfi, LLC OH$20.7M · 0.46%
Joyce/Dayton Corp. OH$20.7M · 0.23%
Gregory Industries, Inc. OH$20.7M · 0.29%
G.A. Wintzer & Son Company OH$20.7M · 0.34%
Turf Care Supply Corp. OH$20.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205966443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.