Plan Ledger DOL Form 5500 · updated monthly

Rubberlite, Inc.401(k)

RUBBERLITE, INC. 401(K)PROFIT SHARING RETIREMENT PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Rubberlite, Inc. reported $34,547 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,833 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 0.26% to 0.14%. 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 67th-largest of 265 plans among West Virginia employers on file, and the 5,086th of 13,661 in manufacturing. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,256,299
Participants with balances168
Active participants152
Employer contributions$430,650
Employee contributions$932,904
Employer contribution per active participant$2,833
Average account balance$150,335
Benefits paid to participants$1,922,831
Plan auditUnmodified (clean) audit opinion
AuditorHESS, STEWART & CAMPBELL, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 168 accts · $431K emplr
2023$22.7M · 175 accts · $424K emplr
2022$19.7M · 175 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,547
Total administrative$34,547
The Rubberlite, Inc. 401(k) match · 2024
Employer contribution per active participant$2,833
Median for plans this size$2,416
2024$2,833 per active participant
2023$2,538 per active participant
2022$2,689 per active participant

Rubberlite, Inc.'s 2024 employer contribution ran above 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 · 20241
PROACCOUNT - NATIONWIDE · Investment advisory (participants)$32,837

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$34,547 · 0.14%
2023$52,004 · 0.24%
2022$56,701 · 0.26%
Same employer
Similar plansManufacturing · West Virginia
Swva, Inc. WV$52.9M · 0.20%
Greer Industries, Inc. WV$51.4M · 0.45%
Swanson Industries, Inc. WV$25.3M · 0.31%
Conn-Weld Industries, LLC WV$16.4M · 0.03%
Troy Group, Inc. WV$15.4M · 0.29%
Woodcraft, LLC WV$13.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311180431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.