Plan Ledger DOL Form 5500 · updated monthly

Clasen Quality Chocolate401(k)

CLASEN QUALITY CHOCOLATE 401(K) PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Clasen Quality Chocolate reported $7,127 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,517 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 0.012%. 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 323rd-largest of 1,936 plans among Wisconsin employers on file, and the 2,533rd of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 562 to 669 since 2022.

Plan summary
Net assets, end of year$67,491,181
Participants with balances762
Active participants669
Employer contributions$3,021,799
Employee contributions$5,144,594
Employer contribution per active participant$4,517
Average account balance$88,571
Benefits paid to participants$3,816,997
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.5M · 762 accts · $3.0M emplr
2023$55.5M · 657 accts · $2.5M emplr
2022$43.9M · 659 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Investment management$11,200
Total administrative$7,127
The Clasen Quality Chocolate 401(k) match · 2024
Employer contribution per active participant$4,517
Median for plans this size$3,635
2024$4,517 per active participant
2023$4,518 per active participant
2022$4,457 per active participant

Clasen Quality Chocolate'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,200

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$7,127 · 0.01%
2023$8,163 · 0.02%
2022$5,099 · 0.01%
Same employer
Similar plansManufacturing · Wisconsin
Placon Corporation WI$71.8M · 0.04%
Inpro Corporation WI$71.6M · 0.27%
Bell Laboratories, Inc. WI$68.1M · 0.12%
Foremost Farms USA WI$67.4M · 0.16%
Wago Corporation WI$66.0M · 0.13%
Dlsm, Inc. WI$65.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 391921811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.