Plan Ledger DOL Form 5500 · updated monthly

The Rockport Company LLC401(k)

THE ROCKPORT COMPANY, LLC 401(K) PLAN · NEWTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

The Rockport Company LLC reported $42,964 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,980 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 1 year on file its reported administrative ratio rose from 0.20% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,238th-largest of 2,726 plans among Massachusetts employers on file, and the 5,647th of 13,661 in manufacturing. In 2022, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,538,515
Participants with balances322
Active participants233
Employer contributions$927,260
Employee contributions$1,996,118
Employer contribution per active participant$3,980
Average account balance$66,890
Benefits paid to participants$833,479
Plan auditUnmodified (clean) audit opinion
AuditorWOLF & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$20.9M · 280 accts · $845K emplr
2022$21.5M · 322 accts · $927K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,088
Investment management$38,876
Total administrative$42,964
The The Rockport Company LLC 401(k) match · 2022
Employer contribution per active participant$3,980
Median for plans this size$2,266
2023$6,925 per active participant
2022$3,980 per active participant

The Rockport Company LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$54,070 · 0.25%
2022$42,964 · 0.20%
Similar plansManufacturing · Massachusetts
Black Duck Software, Inc. MA$22.1M · 0.02%
Ashworth Bros., Inc. MA$22.1M · 0.05%
Synqor, Inc. MA$22.0M · 0.31%
Erving Industries, Inc. MA$21.9M · 0.09%
Interprint, Inc. MA$21.4M · 0.33%
Sun Gro Holdings Inc. MA$21.3M · 0.06%
Nova Ventures Group Corp. MA$21.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825435670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.