Plan Ledger DOL Form 5500 · updated monthly

Automation Components, Inc.401(k)

AUTOMATION COMPONENTS, INC. 401(K) PROFIT SHARING PLAN · MIDDLETON, WI · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Automation Components, Inc. reported $68,920 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,853 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 1 year on file its reported administrative ratio fell from 0.47% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 935th-largest of 1,936 plans among Wisconsin employers on file, and the 6,373rd of 13,661 in manufacturing. In 2023, employees put in $2.74 for every $1.00 the employer contributed; active participation has shrunk from 187 to 166 since 2022.

Plan summary
Net assets, end of year$17,886,136
Participants with balances169
Active participants166
Employer contributions$307,620
Employee contributions$842,345
Employer contribution per active participant$1,853
Average account balance$105,835
Benefits paid to participants$517,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $61K emplr
2023$17.9M · 169 accts · $308K emplr
2022$14.3M · 177 accts · $264K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,468
Trustee / custodial$66,452
Total administrative$68,920
The Automation Components, Inc. 401(k) match · 2023
Employer contribution per active participant$1,853
Median for plans this size$2,440
2023$1,853 per active participant
2022$1,412 per active participant

Automation Components, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIRST BUSINESS TRUST & INVESTMENTS · Trustee$68,920

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

Administrative cost history3
2024Not separately reported
2023$68,920 · 0.43%
2022$73,808 · 0.47%
Same employer
Similar plansManufacturing · Wisconsin
Nolato Contour Inc WI$18.4M · 0.59%
Server Products, Inc. WI$18.4M · 0.22%
Dsb Technologies, LLC WI$18.4M · 0.50%
Sterling Wisconsin, LLC WI$18.1M · 0.25%
Kretz Lumber Co., Inc. WI$17.8M · 0.00%
J & D Tube Benders, Inc. WI$17.6M · 0.40%
Penzeys, LTD WI$17.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391700841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.