Plan Ledger DOL Form 5500 · updated monthly

Briggs & Stratton, LLC401(k)

BRIGGS & STRATTON, LLC 401(K) PLAN · WAUWATOSA, WI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Briggs & Stratton, LLC reported $467,764 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,336 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 0.214%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 122nd-largest of 1,936 plans among Wisconsin employers on file, and the 1,063rd of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has shrunk from 4,588 to 3,233 since 2022.

Plan summary
Net assets, end of year$226,650,981
Participants with balances3,970
Active participants3,233
Employer contributions$14,019,344
Employee contributions$14,863,902
Employer contribution per active participant$4,336
Average account balance$57,091
Benefits paid to participants$39,984,087
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$226.7M · 3,970 accts · $14.0M emplr
2023$210.3M · 4,924 accts · $16.0M emplr
2022$181.8M · 5,293 accts · $15.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$414,059
Investment management$34,205
Audit (IQPA)$19,500
Total administrative$467,764
The Briggs & Stratton, LLC 401(k) match · 2024
Employer contribution per active participant$4,336
Median for plans this size$3,635
2024$4,336 per active participant
2023$4,108 per active participant
2022$3,421 per active participant

Briggs & Stratton, LLC's 2024 employer contribution ran above the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$414,059
FIDUCIENT ADVISORS · Investment advisory (plan)$29,175
WIPFLI · Accounting / audit$19,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,030

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$467,764 · 0.21%
2023$524,006 · 0.27%
2022$411,914 · 0.21%
Same employer
Similar plansManufacturing · Wisconsin
Trek Bicycle Corporation WI$245.3M · 0.16%
Krones, Inc. WI$242.7M · 0.04%
Belgioioso Cheese, Inc. WI$236.4M · 0.16%
Badger Meter, Inc. WI$233.4M · 0.05%
Robinson, Inc. WI$224.1M
Grande Cheese Company WI$211.4M · 0.07%
Marathon Cheese Corporation WI$205.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852711260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.