Plan Ledger DOL Form 5500 · updated monthly

The Gorman-Rupp Company401(k)

THE GORMAN-RUPP COMPANY 401K PLAN · MANSFIELD, OH · plan year 2025

Reported admin expense ratio · 2025
0.12%

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

The Gorman-Rupp Company reported $154,375 in plan administrative expenses for 2025: 0.12% of average plan assets, above the peer median. Employer contributions averaged $4,055 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 3 years on file its reported administrative ratio rose from 0.06% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 292nd-largest of 3,295 plans among Ohio employers on file, and the 1,515th of 13,661 in manufacturing. In 2025, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$137,027,270
Participants with balances1,415
Active participants1,248
Employer contributions$5,060,231
Employee contributions$6,949,147
Employer contribution per active participant$4,055
Average account balance$96,839
Benefits paid to participants$14,390,774
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$137.0M · 1,415 accts · $5.1M emplr
2024$122.6M · 1,456 accts · $4.8M emplr
2023$97.5M · 1,410 accts · $4.0M emplr
2022$78.0M · 1,362 accts · $2.8M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$31,375
Total administrative$154,375
The The Gorman-Rupp Company 401(k) match · 2025
Employer contribution per active participant$4,055
Median for plans this size$4,093
2025$4,055 per active participant
2024$3,783 per active participant
2023$3,150 per active participant
2022$2,286 per active participant

The Gorman-Rupp Company's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$31,406

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

Recordkeeper by year3
2025Bank of America / Merrill
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history4
2025$154,375 · 0.12%
2024$110,601 · 0.10%
2023$224,394 · 0.26%
2022$49,845 · 0.06%
Same employer
Similar plansManufacturing · Ohio
Invacare Corporation OH$142.8M · 0.04%
Myers Industries, Inc. OH$141.1M · 0.20%
Austin Powder Company OH$137.4M · 0.17%
Prc-Saltillo OH$135.9M
Shearer's Foods, LLC OH$134.1M · 0.34%
Makino, Inc. OH$133.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340253990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.