Plan Ledger DOL Form 5500 · updated monthly

C.I. Banker Wire and Iron Works, Inc401(k)

C.I. BANKER WIRE AND IRON WORKS, INC. 401(K) PLAN · MUKWONAGO, WI · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

C.I. Banker Wire and Iron Works, Inc reported $58,607 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,411 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 rose from 0.44% to 0.47%. 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 (1,120th of 1,936), and 7,583rd of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,408,999
Participants with balances138
Active participants184
Employer contributions$443,564
Employee contributions$748,393
Employer contribution per active participant$2,411
Average account balance$97,167
Benefits paid to participants$1,078,429
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 138 accts · $444K emplr
2023$11.6M · 129 accts · $387K emplr
2022$9.1M · 115 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,362
Investment management$25,100
Total administrative$58,607
The C.I. Banker Wire and Iron Works, Inc 401(k) match · 2024
Employer contribution per active participant$2,411
Median for plans this size$2,416
2024$2,411 per active participant
2023$2,302 per active participant
2022$2,305 per active participant

C.I. Banker Wire and Iron Works, Inc's 2024 employer contribution ran below 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
JOHN HANCOCK USA · Recordkeeping$31,362
GOLDSTEIN ADVISORS, LLC · Investment advisory (participants)$25,100

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$58,607 · 0.47%
2023$44,523 · 0.43%
2022$41,466 · 0.44%
Same employer
Similar plansManufacturing · Wisconsin
New Glarus Brewing Company WI$13.7M · 0.04%
R&B Grinding LLC WI$13.6M · 0.19%
Uw Provision Company Inc. WI$13.6M · 0.47%
Schwaab, Inc. WI$13.6M · 0.01%
Ace Ethanol WI$13.4M · 0.24%
Asyst Technologies L.P. WI$13.3M · 0.51%
Fromm Family Foods, LLC WI$13.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391222560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.