Plan Ledger DOL Form 5500 · updated monthly

E.C. Styberg Engineering Company401(k)

E.C. STYBERG ENGINEERING COMPANY 401(K) PLAN · RACINE, WI · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

E.C. Styberg Engineering Company reported $17,524 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,209 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 0.11% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 734th-largest of 1,936 plans among Wisconsin employers on file, and the 5,152nd of 13,661 in manufacturing. In 2023, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,867,028
Participants with balances162
Active participants124
Employer contributions$149,867
Employee contributions$427,039
Employer contribution per active participant$1,209
Average account balance$153,500
Benefits paid to participants$2,190,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 164 accts · $196K emplr
2023$24.9M · 162 accts · $150K emplr
2022$23.7M · 140 accts · $150K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,267
Trustee / custodial$4,257
Total administrative$17,524
The E.C. Styberg Engineering Company 401(k) match · 2023
Employer contribution per active participant$1,209
Median for plans this size$2,440
2024$1,518 per active participant
2023$1,209 per active participant
2022$1,301 per active participant

E.C. Styberg Engineering Company's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP, INC. · Recordkeeping$13,266

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$24,144 · 0.10%
2023$17,524 · 0.07%
2022$28,875 · 0.11%
Same employer
Similar plansManufacturing · Wisconsin
Corporate Group, Inc. WI$24.9M · 0.26%
Great Lakes Veneer, Inc. WI$24.8M · 0.31%
Poclain Hydraulics, Inc. WI$24.6M · 0.36%
Jagemann Stamping Co. WI$24.4M · 0.29%
Ldi Industries, Inc. WI$24.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390644639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.