Plan Ledger DOL Form 5500 · updated monthly

Delaval Inc.401(k)

MILKRITE INTERPULS, INC. 401(K) PLAN · JOHNSON CREEK, WI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Delaval Inc. reported $13,780 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,638 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 0.03% to 0.11%. 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 among the smaller plans on file in Wisconsin (1,136th of 1,936), and 7,657th of 13,661 in manufacturing. In 2024, employees put in $3.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,179,105
Participants with balances136
Active participants126
Employer contributions$206,342
Employee contributions$736,654
Employer contribution per active participant$1,638
Average account balance$96,905
Benefits paid to participants$918,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 136 accts · $206K emplr
2023$11.8M · 140 accts · $210K emplr
2022$11.1M · 136 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,114
Investment management$416
Total administrative$13,780
The Delaval Inc. 401(k) match · 2024
Employer contribution per active participant$1,638
Median for plans this size$2,416
2024$1,638 per active participant
2023$1,683 per active participant
2022$1,551 per active participant

Delaval Inc.'s 2024 employer contribution ran below 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
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$11,250
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,114

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$13,780 · 0.11%
2023$13,164 · 0.12%
2022$3,014 · 0.03%
Same employer
Similar plansManufacturing · Wisconsin
Asyst Technologies L.P. WI$13.3M · 0.51%
Fromm Family Foods, LLC WI$13.2M · 0.01%
Aries Industries, Inc. WI$13.2M · 0.50%
Heartland Farms, Inc. WI$12.9M · 0.47%
Bay View Industries, Inc. WI$12.8M · 0.45%
Chemdesign Products, Inc. WI$12.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391924400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.