Plan Ledger DOL Form 5500 · updated monthly

Condon Companies401(k)

CONDON COMPANIES SAVINGS & RETIREMENT PLAN · RIPON, WI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Condon Companies reported $7,767 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $684 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 0.08% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,396th of 1,936), and 3,179th of 4,246 in wholesale trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 199 to 220 since 2022.

Plan summary
Net assets, end of year$8,222,886
Participants with balances126
Active participants220
Employer contributions$150,523
Employee contributions$367,628
Employer contribution per active participant$684
Average account balance$65,261
Benefits paid to participants$273,014
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 126 accts · $151K emplr
2023$7.1M · 124 accts · $149K emplr
2022$6.0M · 123 accts · $53K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,767
Total administrative$7,767
The Condon Companies 401(k) match · 2024
Employer contribution per active participant$684
Median for plans this size$1,313
2024$684 per active participant
2023$735 per active participant
2022$264 per active participant

Condon Companies's 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,767

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$7,767 · 0.10%
2023$6,814 · 0.10%
2022$4,990 · 0.08%
Same employer
Similar plansWholesale Trade · Wisconsin
Vintage Parts, Inc. WI$9.0M · 0.17%
Dhi Corp. WI$8.8M · 0.69%
A.L. Schutzman Company WI$8.2M · 0.93%
Eutectic Corporation WI$7.9M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390704880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.