Regal Rexnord Corporation 401(k) Review & Grade
Regal Rexnord Retirement Savings Plan
Milwaukee, WIManufacturing5,153 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,001Employer $ per active participant
$7,334Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$656.4MNet plan assets, end of year
$99,083Average balance per account
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost17.1 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving9.4 / 1563th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 68th |
| Employee saving | 63th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $37,085 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Regal Rexnord put in about $3,001 per active participant, below the typical peer ($3,452). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $15,464,123 |
| Participant (employee) contributions | $37,791,258 |
| Other contributions (incl. rollovers in) | $8,163,073 |
| Administrative expenses paid from the plan | $448,535 |
| Investment advisory & management fees | $59,535 |
| Other admin expenses | $1,600 |
| Benefits paid out | $121,684,012 |
| Net assets, start / end of year | $634.0M / $656.4M |
| Active participants, start / end of year | 5,310 / 4,996 |
| Participants with account balances | 6,625 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $387,401 reported compensation |
| Mercer (US) Inc | $59,535 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014145213NAL0001536003001, received 2025-10-14, EIN 39-0875718, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.