Plan Ledger DOL Form 5500 · updated monthly

Con-Tech Manufacturing, Inc.401(k)

CON-TECH MANUFACTURING, INC. 401(K) PLAN · DODGE CENTER, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Con-Tech Manufacturing, Inc. reported $6,439 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $474 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 fell from 0.21% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,535th of 1,918), and 10,825th of 13,661 in manufacturing. In 2024, employees put in $6.36 for every $1.00 the employer contributed; active participation has grown from 264 to 326 since 2022.

Plan summary
Net assets, end of year$5,755,217
Participants with balances139
Active participants326
Employer contributions$154,432
Employee contributions$981,972
Employer contribution per active participant$474
Average account balance$41,404
Benefits paid to participants$301,964
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 139 accts · $154K emplr
2023$4.3M · 145 accts · $156K emplr
2022$2.8M · 136 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,439
Total administrative$6,439
The Con-Tech Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$474
Median for plans this size$1,313
2024$474 per active participant
2023$501 per active participant
2022$423 per active participant

Con-Tech Manufacturing, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$51,285

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Con-Tech Manufacturing, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,439 · 0.13%
2023$6,093 · 0.17%
2022$5,633 · 0.21%
Same employer
Similar plansManufacturing · Minnesota
The Sierra Company LLC MN$6.5M · 0.43%
Surly Brewing Co. MN$5.9M · 0.42%
Diamond Graphics LLC MN$5.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204734401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.