Plan Ledger DOL Form 5500 · updated monthly

Rpm Group, Inc.ESOP

RPM GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · EDISON, NJ · plan year 2023

Reported admin expense ratio · 2023
204.98%

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

Rpm Group, Inc. reported $38,799,600 in plan administrative expenses for 2023: 204.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $83,767 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 679th-largest of 2,419 plans among New Jersey employers on file, and the 453rd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$39,297,002
Participants with balances300
Active participants206
Employer contributions$17,255,974
Employee contributions—
Employer contribution per active participant$83,767
Average account balance$130,990
Plan auditUnmodified (clean) audit opinion
AuditorCOWAN GUNTESKI & CO CPA
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 295 accts
2023$39.3M · 300 accts · $17.3M emplr
2022$-1.4M · 269 accts · $3.0M emplr
Employer contributions to the Rpm Group, Inc. plan · 2023
Employer contribution per active participant$83,767
Median for plans this size$2,440
2023$83,767 per active participant
2022$15,315 per active participant

Rpm Group, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$38,799,600 · 204.98%
2022Not separately reported
Same employer
Similar plansTransportation & Warehousing · New Jersey
Corcentric, Inc. NJ$41.8M · 0.20%
Western Carriers, Inc. NJ$41.7M · 0.44%
Shipco Transport Inc NJ$39.2M · 0.08%
A.I.G. Trucking, Inc. NJ$34.7M · 0.27%
Alliance Shippers, Inc. NJ$33.4M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463067034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.