Plan Ledger DOL Form 5500 · updated monthly

Carew Concrete & Supply Co., Inc401(k)

CAREW CONCRETE SUPPLY COMPANY, INC. RETIREMENT SAVINGS PLAN · APPLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Carew Concrete & Supply Co., Inc reported $74,156 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,676 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 0.49% to 0.54%. 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 (1,089th of 1,936), and 7,342nd of 13,661 in manufacturing. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 127 to 114 since 2022.

Plan summary
Net assets, end of year$14,147,959
Participants with balances155
Active participants114
Employer contributions$191,073
Employee contributions$520,566
Employer contribution per active participant$1,676
Average account balance$91,277
Benefits paid to participants$1,612,207
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 155 accts · $191K emplr
2023$13.1M · 166 accts · $193K emplr
2022$11.6M · 167 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,179
Investment management$39,977
Total administrative$74,156
The Carew Concrete & Supply Co., Inc 401(k) match · 2024
Employer contribution per active participant$1,676
Median for plans this size$2,416
2024$1,676 per active participant
2023$1,541 per active participant
2022$1,546 per active participant

Carew Concrete & Supply Co., 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 · 20244
CLIFTON LARSON ALLEN WEALTH ADVISOR · Investment advisory (plan)$33,706
MAP RETIREMENT USA LLC · Contract administrator$8,363
EMPOWER ADVISORY GROUP LLC · Investment management$6,271

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$74,156 · 0.54%
2023$62,460 · 0.50%
2022$68,904 · 0.49%
Same employer
Similar plansManufacturing · Wisconsin
Northwire, Inc. WI$14.3M · 0.49%
Duratech Industries WI$14.3M · 0.11%
Wisconsin Built, Inc. WI$14.2M · 0.43%
Goex Corporation WI$14.1M · 0.31%
D & S Manufacturing, Inc. WI$13.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391269271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.