Plan Ledger DOL Form 5500 · updated monthly

Dramm Corporation401(k)

DRAMM CORPORATION EMPLOYEES' 401(K) PROFIT SHARING PLAN · MANITOWOC, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Dramm Corporation reported $84,892 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,587 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. 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 843rd-largest of 1,936 plans among Wisconsin employers on file, and the 5,825th of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 104 to 91 since 2022.

Plan summary
Net assets, end of year$20,580,187
Participants with balances112
Active participants91
Employer contributions$417,413
Employee contributions$660,449
Employer contribution per active participant$4,587
Average account balance$183,752
Benefits paid to participants$2,464,246
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 112 accts · $417K emplr
2023$19.7M · 116 accts · $376K emplr
2022$18.3M · 122 accts · $489K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,097
Investment management$83,795
Total administrative$84,892
The Dramm Corporation 401(k) match · 2024
Employer contribution per active participant$4,587
Median for plans this size$2,416
2024$4,587 per active participant
2023$3,959 per active participant
2022$4,701 per active participant

Dramm Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$84,892

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$84,892 · 0.42%
2023$82,744 · 0.44%
2022$73,799 · 0.44%
Similar plansManufacturing · Wisconsin
S&S Cycle, Inc. WI$21.0M · 0.26%
Oem Fabricators, Inc. WI$20.9M · 0.27%
Construction Forms, Inc. WI$20.4M · 0.28%
Metal-Era, LLC WI$20.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391292721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.