Plan Ledger DOL Form 5500 · updated monthly

Ruggable, LLC401(k)

RUGGABLE 401(K) PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Ruggable, LLC reported $77,875 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,016 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 0.69% to 0.65%. 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 4,644th-largest of 9,483 plans among California employers on file, and 7,511th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has shrunk from 608 to 521 since 2022.

Plan summary
Net assets, end of year$13,634,781
Participants with balances656
Active participants521
Employer contributions$1,050,307
Employee contributions$2,541,417
Employer contribution per active participant$2,016
Average account balance$20,785
Benefits paid to participants$2,235,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 656 accts · $1.1M emplr
2023$10.4M · 850 accts · $1.2M emplr
2022$6.5M · 769 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,479
Investment management$53,396
Total administrative$77,875
The Ruggable, LLC 401(k) match · 2024
Employer contribution per active participant$2,016
Median for plans this size$2,416
2024$2,016 per active participant
2023$2,032 per active participant
2022$2,380 per active participant

Ruggable, 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 · 20243
NOVA 401(K) ASSOCIATES · Contract administrator$9,500
EMPOWER ADVISORY GROUP, LLC · Investment management$7,675

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$77,875 · 0.65%
2023$79,485 · 0.94%
2022$30,656 · 0.69%
Same employer
Similar plansManufacturing · California
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%
US Motor Works, LLC CA$13.7M · 0.52%
Snak-King LLC CA$13.6M · 0.52%
Tonal Systems, Inc. CA$13.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352374012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.