Plan Ledger DOL Form 5500 · updated monthly

Apogee Enterprises, Inc.401(k) + ESOP (KSOP)

APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Apogee Enterprises, Inc. reported $579,402 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $2,433 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 0.15% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 84th-largest of 1,918 plans among Minnesota employers on file, and the 572nd of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$497,142,648
Participants with balances4,681
Active participants3,614
Employer contributions$8,792,455
Employee contributions$19,292,054
Employer contribution per active participant$2,433
Average account balance$106,204
Benefits paid to participants$58,278,107
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$497.1M · 4,681 accts · $8.8M emplr
2023$461.6M · 4,955 accts · $9.6M emplr
2022$407.4M · 5,035 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$579,402
Total administrative$579,402
The Apogee Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,433
Median for plans this size$4,294
2024$2,433 per active participant
2023$2,531 per active participant
2022$2,016 per active participant

Apogee Enterprises, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$448,841
PRUDENTIAL INSURANCE COMANY · Investment management · Other services$68,547
PRUDENTIAL TRUST CO · Investment management · Other services$61,692
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
DELOITTE & TOUCHE LLP · Accounting / auditindirect comp
INSTITUTIONAL INVESTMENT · Investment advisory (plan)indirect 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$579,402 · 0.12%
2023$679,543 · 0.16%
2022$698,404 · 0.15%
Same employer
Similar plansManufacturing · Minnesota
Vista Outdoor Inc. MN$567.8M · 0.16%
H.B. Fuller Company MN$529.3M · 0.21%
Tennant Company MN$486.4M · 0.08%
Entrust Corporation MN$471.6M · 0.05%
Toppan Merrill LLC MN$460.8M · 0.04%
Ablenet, Inc. MN$454.6M

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Source: U.S. Department of Labor, Form 5500 series, EIN 410919654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.