Employers › Regal Rexnord › plan 008
Recordkeeping fees per participant · Regal Rexnord Retirement Savings Plan · plan year 2024
$58.48
Higher than 62% of the 1,697 plans $250M to 1B that report it.
= $387,400 / 6,625
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014145213NAL0001536003001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014145213NAL0001536003001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$58.72
Higher than 41% of the 2,324 plans $250M to 1B that report it.
= $389,000 / 6,625
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014145213NAL0001536003001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014145213NAL0001536003001, received 2025-10-14
Administrative expenses per participant
$67.70
Higher than 34% of the 2,405 plans $250M to 1B that report it.
= $448,535 / 6,625
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014145213NAL0001536003001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014145213NAL0001536003001, received 2025-10-14
Administrative expenses as a share of assets
0.068%
Higher than 47% of the 2,407 plans $250M to 1B that report it.
= $448,535 / $656,428,078
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014145213NAL0001536003001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014145213NAL0001536003001, received 2025-10-14
Employer contributions per participant
$2,334
Higher than 34% of the 2,457 plans $250M to 1B that report it.
= $15,464,123 / 6,625
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014145213NAL0001536003001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014145213NAL0001536003001, received 2025-10-14
Employer share of total contributions
25.2%
Higher than 31% of the 2,459 plans $250M to 1B that report it.
= $15,464,123 / $61,418,454
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014145213NAL0001536003001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014145213NAL0001536003001, received 2025-10-14
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014145213NAL0001536003001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | REGAL REXNORD CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Plan name | REGAL REXNORD RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Sponsor EIN / plan number | 39-0875718 / 008 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Sponsor location | MILWAUKEE, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Industry (business code) | 333200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Participants, beginning of year | 7,217 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Active participants | 4,996 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Participants, end of year | 6,814 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Participants with an account balance | 6,625 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total assets, beginning of year | $634,031,736 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total assets, end of year | $656,428,078 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Net assets, end of year | $656,428,078 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total income | $144,959,996 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Net income | $22,396,342 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Employer contributions | $15,464,123 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Participant contributions | $37,791,258 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $8,163,073 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total contributions | $61,418,454 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Benefit payments | $121,684,012 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $122,563,654 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Total administrative expenses | $448,535 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Recordkeeping fees | $387,400 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Investment advisory and management fees | $59,535 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Administrative expenses excluding investment management | $389,000 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Held in common/collective trusts | $585,459,511 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Held in mutual funds | $60,581,940 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014145213NAL0001536003001, received 2025-10-14 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014145213NAL0001536003001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014145213NAL0001536003001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan | $387,401 | yes |
| MERCER (US) INC | NONE | 27 Investment advisory (plan); 16 Consulting (general); 50 Direct payment from the plan | $59,535 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014145213NAL0001536003001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $634,031,736 | $656,428,078 | 3.5% |
| Participants with a balance | 6,885 | 6,625 | -3.8% |
| Administrative expenses | $402,147 | $448,535 | 11.5% |
| Recordkeeping fees per participant | $58.23 | $58.48 | 0.4% |
| Employer contributions | $14,844,795 | $15,464,123 | 4.2% |
Prior filing 20241008072336NAL0009454547001, received 2024-10-08; the plan years are contiguous.