Rosenboom Machine & Tool 401(k) match, vesting and fees
What Rosenboom Machine & Tool's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Security National Bank | Schedule C ↗ |
| Independent auditor | Rsm US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Rosenboom Machine & Tool: employer contribution per participant | $768 | |
| Peer median | $2,038 |
| Rosenboom Machine & Tool: average balance | $54,673 | |
| Peer median | $72,907 |
| Rosenboom Machine & Tool: admin expenses ÷ assets | 0.36% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $34.7M at the end of plan year 2021 to $38.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 829 | $38.1M | $535K | $768 | 0.36% | Not published | Form 5500 ↗ |
| 2023 | 831 | $33.6M | $583K | $825 | 0.36% | Not published | Form 5500 ↗ |
| 2022 | 773 | $28.5M | $616K | $918 | 0.34% | Not published | Form 5500 ↗ |
| 2021 | 767 | $34.7M | $552K | $808 | 0.34% | Not published | Form 5500 ↗ |
Common questions
Does Rosenboom Machine & Tool match 401(k) contributions?
The match terms for the Rosenboom Machine & Tool Inc Retirement Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $535K in employer contributions, about $768 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Rosenboom Machine & Tool 401(k) match vested?
The vesting schedule for the Rosenboom Machine & Tool Inc Retirement Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Rosenboom Machine & Tool 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Security National Bank. The plan administrator is Rosenboom Machine & Tool Inc.
I left Rosenboom Machine & Tool. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Rosenboom Machine & Tool Inc, (712) 324-4854) or the recordkeeper, Security National Bank. The Rosenboom Machine & Tool old 401(k) page lists the contacts from every plan filing. Find an old Rosenboom Machine & Tool 401(k)
Data from the public Form 5500 annual reports Rosenboom Machine & Tool filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Rosenboom Machine & Tool. Not financial advice. Report a correction · Methodology