Roller Bearing Co of America, Inc. 401(k) Review & Grade
Roller Bearing Company of America 401(k) Plan
Oxford, CTManufacturing3,211 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,584Employer $ per active participant
$6,439Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$280.4MNet plan assets, end of year
$72,387Average balance per account
Score breakdown
- Employer generosity37.3 / 5075th percentile for employer $ per participant
- Low cost9.4 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 38th |
| Employee saving | 55th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $17,594 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Roller Bearing Co of America put in about $5,584 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.18% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $17,931,829 |
| Participant (employee) contributions | $20,674,218 |
| Other contributions (incl. rollovers in) | $3,272,673 |
| Administrative expenses paid from the plan | $473,143 |
| Other admin expenses | $473,143 |
| Benefits paid out | $25,938,896 |
| Net assets, start / end of year | $234.5M / $280.4M |
| Active participants, start / end of year | 3,175 / 3,247 |
| Participants with account balances | 3,874 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Fiondella, Milone & Lasaracina LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $380,994 reported compensation |
| Vanguard Advisers Inc. | $112,995 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003132113NAL0002365392001, received 2025-10-03, EIN 13-3426227, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.