Plan Ledger DOL Form 5500 · updated monthly

Clow Stamping Company401(k)

CLOW STAMPING COMPANY 401(K) PLAN · MERRIFIELD, MN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Clow Stamping Company reported $84,517 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $952 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 0.30% to 0.32%. 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 the 747th-largest of 1,918 plans among Minnesota employers on file, and the 4,886th of 13,661 in manufacturing. In 2024, employees put in $4.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,851,069
Participants with balances452
Active participants419
Employer contributions$398,780
Employee contributions$1,724,646
Employer contribution per active participant$952
Average account balance$59,405
Benefits paid to participants$3,825,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 452 accts · $399K emplr
2023$25.6M · 471 accts · $413K emplr
2022$21.9M · 439 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,211
Investment management$57,306
Total administrative$84,517
The Clow Stamping Company 401(k) match · 2024
Employer contribution per active participant$952
Median for plans this size$2,416
2024$952 per active participant
2023$899 per active participant
2022$913 per active participant

Clow Stamping Company'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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$29,994
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$21,941
EMPOWER ADVISORY GROUP, LLC · Investment management$5,371

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$84,517 · 0.32%
2023$72,685 · 0.31%
2022$71,714 · 0.30%
Same employer
Similar plansManufacturing · Minnesota
Schwing America, Inc. MN$27.8M · 0.02%
Cyberoptics Corporation MN$27.8M · 0.24%
Wizards Nuts Inc. MN$26.7M · 0.53%
Nonin Medical, Inc. MN$26.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410961650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.