Plan Ledger DOL Form 5500 · updated monthly

Bay View Industries, Inc.401(k)

BAY VIEW INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · OAK CREEK, WI · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Bay View Industries, Inc. reported $54,897 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $739 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 has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,149th of 1,936), and 7,791st of 13,661 in manufacturing. In 2024, employees put in $5.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,783,712
Participants with balances183
Active participants153
Employer contributions$113,049
Employee contributions$633,970
Employer contribution per active participant$739
Average account balance$69,856
Benefits paid to participants$886,532
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 183 accts · $113K emplr
2023$11.7M · 196 accts · $112K emplr
2022$11.1M · 195 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,897
Total administrative$54,897
The Bay View Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$739
Median for plans this size$2,416
2024$739 per active participant
2023$699 per active participant
2022$682 per active participant

Bay View Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$54,897
E2 RETIREMENT CONSULTING · Investment advisory (participants) · Investment managementindirect comp

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,897 · 0.45%
2023$58,184 · 0.51%
2022$56,729 · 0.46%
Same employer
Similar plansManufacturing · Wisconsin
Aries Industries, Inc. WI$13.2M · 0.50%
Delaval Inc. WI$13.2M · 0.11%
Heartland Farms, Inc. WI$12.9M · 0.47%
Chemdesign Products, Inc. WI$12.7M · 0.32%
United Alloy Inc WI$12.5M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390874653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.