Plan Ledger DOL Form 5500 · updated monthly

American Society for Quality Inc.403(b)

AMERICAN SOCIETY FOR QUALITY RETIREMENT SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

American Society for Quality Inc. reported $22,633 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,122 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 692nd-largest of 1,936 plans among Wisconsin employers on file, and the 809th of 3,341 in other services. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,900,216
Participants with balances205
Active participants132
Employer contributions$544,121
Employee contributions$663,124
Employer contribution per active participant$4,122
Average account balance$131,221
Benefits paid to participants$2,317,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 205 accts · $544K emplr
2023$24.7M · 206 accts · $514K emplr
2022$21.3M · 207 accts · $507K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$24,712
Total administrative$22,633
Employer contributions to the American Society for Quality Inc. plan · 2024
Employer contribution per active participant$4,122
Median for plans this size$2,416
2024$4,122 per active participant
2023$3,926 per active participant
2022$3,599 per active participant

American Society for Quality Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ALPHA INVESTMENT CONSULTING GROUP · Investment advisory (plan)$24,712
FIDELITY INVESTMENT CONSULTING GROU · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$22,633 · 0.09%
2023$19,608 · 0.09%
2022$22,615 · 0.10%
Same employer
Similar plansOther Services · Wisconsin
Ablelight Inc. WI$30.0M · 0.81%
Delta Defense, LLC WI$28.5M · 0.34%
State Bar of Wisconsin WI$22.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390912502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.