Plan Snapshot
- Plan Sponsor: Rosenboom Machine & Tool INC
- Sponsor EIN: 421258906
- Sponsor Address: PO BOX 280, SHELDON, IA, 51201
- Plan Type: 401(k)
- Total Participants: 728
- Total Assets: $38.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 728 | $38.1M | $534,667 | $2.1M |
| 2023 | 718 | $33.6M | $582,728 | $2.3M |
| 2022 | 687 | $28.5M | $616,196 | $2.4M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $129,280 | $118,398 | — | — | — |
| 2023 | $111,945 | $102,908 | — | — | — |
| 2022 | $107,830 | $107,830 | — | — | — |