Plan Snapshot
- Plan Sponsor: Rpm International INC.
- Sponsor EIN: 020642224
- Sponsor Address: 2628 PEARL RD, MEDINA, OH, 44256
- Plan Type: 401(k)
- Total Participants: 9,590
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,590 | $1.4B | $30.3M | $61.4M |
| 2023 | 9,122 | $1.2B | $28.6M | $57.3M |
| 2022 | 9,021 | $1.0B | $26.1M | $51.9M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES | ADVISOR | $379,914 | — | $379,914 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $224,072 | — | $224,072 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $603,986
- Estimated Expense Ratio: 0.043% 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 | $604,009 | $379,914 | $2,400 | — | — |
| 2023 | $450,236 | $235,226 | $5,100 | — | — |
| 2022 | $207,816 | — | — | — | — |