Plan Ledger DOL Form 5500 · updated monthly

Auer Steel & Heating Supply Co.401(k)

AUER STEEL & HEATING SUPPLY COMPANY RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Auer Steel & Heating Supply Co. reported $91,904 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,916 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 0.29% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 510th-largest of 1,936 plans among Wisconsin employers on file, and the 1,067th of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,850,203
Participants with balances383
Active participants298
Employer contributions$1,167,091
Employee contributions$2,195,860
Employer contribution per active participant$3,916
Average account balance$101,437
Benefits paid to participants$4,977,282
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 383 accts · $1.2M emplr
2023$36.1M · 377 accts · $1.3M emplr
2022$29.7M · 376 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,134
Investment management$270
Total administrative$91,904
The Auer Steel & Heating Supply Co. 401(k) match · 2024
Employer contribution per active participant$3,916
Median for plans this size$2,416
2024$3,916 per active participant
2023$4,500 per active participant
2022$4,278 per active participant

Auer Steel & Heating Supply Co.'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
HARBOUR INVESTMENTS INCindirect 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$91,904 · 0.25%
2023$77,722 · 0.24%
2022$94,885 · 0.29%
Same employer
Similar plansWholesale Trade · Wisconsin
Gustave a. Larson Company WI$42.4M · 0.06%
C.G. Schmidt, Inc. WI$39.7M · 0.23%
Fosber America, Inc. WI$34.6M · 0.18%
Nelson-Jameson, Inc. WI$33.9M · 0.07%
Korber Tissue, Inc. WI$33.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390139306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.