Plan Snapshot
- Plan Sponsor: Regal Rexnord Corporation
- Sponsor EIN: 390875718
- Sponsor Address: 111 WEST MICHIGAN STREET, MILWAUKEE, WI, 53203
- Plan Type: 401(k)
- Total Participants: 4,996
- Total Assets: $656.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,996 | $656.4M | $15.5M | $37.8M |
| 2023 | 5,144 | $634.0M | $14.8M | $35.6M |
| 2022 | 5,339 | $576.8M | $15.9M | $32.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $387,401 | — | $387,401 |
| MERCER (US) INC | NONE | $59,535 | — | $59,535 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $446,936
- Estimated Expense Ratio: 0.068% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $448,535 | $59,535 | — | — | — |
| 2023 | $402,147 | — | — | — | — |
| 2022 | $527,195 | $81,250 | — | — | $2,100 |