Plan Ledger DOL Form 5500 · updated monthly

Custom Fabricating & Repair, Inc.401(k)

CFR RETIREMENT SAVINGS PLAN · MARSHFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Custom Fabricating & Repair, Inc. reported $18,900 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,022 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 0.04% to 0.05%. 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 450th-largest of 1,936 plans among Wisconsin employers on file, and the 3,386th of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 417 to 485 since 2022.

Plan summary
Net assets, end of year$45,098,838
Participants with balances441
Active participants485
Employer contributions$1,465,698
Employee contributions$2,385,390
Employer contribution per active participant$3,022
Average account balance$102,265
Benefits paid to participants$1,942,376
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 441 accts · $1.5M emplr
2023$38.3M · 447 accts · $1.6M emplr
2022$36.5M · 420 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,900
Total administrative$18,900
The Custom Fabricating & Repair, Inc. 401(k) match · 2024
Employer contribution per active participant$3,022
Median for plans this size$2,416
2024$3,022 per active participant
2023$3,494 per active participant
2022$3,131 per active participant

Custom Fabricating & Repair, Inc.'s 2024 employer contribution ran above the $2,416 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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$18,900
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,900 · 0.05%
2023$17,566 · 0.05%
2022$14,146 · 0.04%
Same employer
Similar plansManufacturing · Wisconsin
Lavelle Industries, Inc. WI$47.2M · 0.23%
Worzalla, Inc. WI$45.9M · 0.52%
Gehl Foods, LLC WI$45.8M · 0.36%
Andis Company WI$44.5M · 0.49%
Avidity Science LLC WI$43.4M · 0.04%
Seats Incorporated WI$43.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391557927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.