Plan Ledger DOL Form 5500 · updated monthly

Associated Banc-Corp401(k) + ESOP (KSOP)

ASSOCIATED BANC-CORP 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN · GREEN BAY, WI · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Associated Banc-Corp reported $296,452 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,295 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 3 years on file its reported administrative ratio fell from 0.10% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other management of companies employers. By assets it is the 37th-largest of 1,936 plans among Wisconsin employers on file, and the 46th of 786 in management of companies. In 2025, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$963,936,083
Participants with balances6,045
Active participants3,967
Employer contributions$17,038,252
Employee contributions$30,322,221
Employer contribution per active participant$4,295
Average account balance$159,460
Benefits paid to participants$79,503,022
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2025$963.9M · 6,045 accts · $17.0M emplr
2024$864.8M · 6,067 accts · $16.2M emplr
2023$790.8M · 6,280 accts · $16.3M emplr
2022$675.5M · 6,380 accts · $15.4M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$172,421
Investment management$111,531
Audit (IQPA)$12,500
Total administrative$296,452
The Associated Banc-Corp 401(k) match · 2025
Employer contribution per active participant$4,295
Median for plans this size$4,295
2025$4,295 per active participant
2024$4,005 per active participant
2023$3,938 per active participant
2022$3,631 per active participant

Associated Banc-Corp's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ASSOCIATED TRUST COMPANY, N.A. · Trustee · Recordkeeping$296,451

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

Recordkeeper by year3
2025ASSOCIATED TRUST COMPANY, N.A.
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history4
2025$296,452 · 0.03%
2024$298,197 · 0.04%
2023$255,259 · 0.03%
2022$732,696 · 0.10%
Same employer
Similar plansManagement of Companies · Wisconsin
Lvmh Inc. NY$1.1B
Teco Energy, Inc. FL$1.1B · 0.02%
Patterson Companies, Inc. MN$999.1M · 0.03%
Pentair Inc MN$909.7M · 0.06%
Kemper Corporation IL$887.5M · 0.06%
Concentrix Cvg Corporation OH$879.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391098068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.