Plan Ledger DOL Form 5500 · updated monthly

Cleary Building Corp.401(k)

CLEARY EMPLOYEES SAVINGS AND RETIREMENT PLAN · VERONA, WI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Cleary Building Corp. reported $121,124 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $412 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 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 882nd-largest of 1,936 plans among Wisconsin employers on file, and the 2,071st of 5,337 in construction. In 2024, employees put in $6.21 for every $1.00 the employer contributed; active participation has grown from 532 to 639 since 2022.

Plan summary
Net assets, end of year$19,327,470
Participants with balances983
Active participants639
Employer contributions$263,025
Employee contributions$1,632,606
Employer contribution per active participant$412
Average account balance$19,662
Benefits paid to participants$1,373,158
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 983 accts · $263K emplr
2023$16.3M · 901 accts · $255K emplr
2022$14.1M · 751 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,003
Investment management$49,121
Total administrative$121,124
The Cleary Building Corp. 401(k) match · 2024
Employer contribution per active participant$412
Median for plans this size$2,416
2024$412 per active participant
2023$488 per active participant
2022$402 per active participant

Cleary Building Corp.'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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$40,692
EMPOWER ADVISORY GROUP, LLC · Investment management$10,279

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$121,124 · 0.68%
2023$104,626 · 0.69%
2022$104,738 · 0.69%
Same employer
Similar plansConstruction · Wisconsin
Staff Electric Company Inc WI$22.3M · 0.39%
Glenn Rieder, LLC WI$19.6M · 0.46%
Kraemer Brothers, LLC WI$18.8M · 0.01%
Scott Construction, Inc. WI$17.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391292564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.