Research Products Corporation Production Staff 401(K) Savings Plan — Form 5500 plan (Research Products Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Research Products Corporation Production Staff 401(K) Savings Plan is a benefit plan reported by Research Products Corporation under EIN 39-0566098 and plan number 004. The latest loaded filing year is 2023. The filing reports 432 participants and $26,052,867 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$26.1MPlan net assets, end of year$26,052,867
Participants432Covered participants reported
Assets / participant$60.3KComputed: assets ÷ participants$60,308 (computed)
Provider compensation$30.4K2 Schedule C provider row(s)$30,425
Plan sponsor
Research Products Corporation
EIN
39-0566098
Plan number
004
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023432H, C20241011135813NAL0021990465001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$26.1M total assets
Net assets$26.1MLiabilities$0
Money in vs. money out
Total income / additions$6.9M
Total expenses$2.5M
Benefits paid / distributions$2.4M
Contributions
Employer$1.6M
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$26,052,867
Total liabilities (EOY)
$0
Net assets (EOY)
$26,052,867
Net assets (BOY)
$21,985,904

Income & contributions

Employer contributions
$1,623,660
Participant contributions
$1,423,265
Total contributions
$3,048,869
Total income / additions
$6,926,185

Expenses & distributions

Benefits paid
$2,441,026
Administrative expenses
$30,425
Total expenses
$2,471,451
Net increase / (decrease)
$4,454,734
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 53%Participant 47%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Spectrum Investment Advisors IncINVESTMENT ADVISOR$20,870not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$9,555$02023

Related Form 5500 pages