Plan Ledger DOL Form 5500 · updated monthly

Enerpac Tool Group Corp401(k)

ENERPAC TOOL GROUP 401(K) PLAN · MENOMONEE FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Enerpac Tool Group Corp reported $54,517 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,854 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 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 168th-largest of 1,936 plans among Wisconsin employers on file, and the 1,421st of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has shrunk from 636 to 547 since 2022.

Plan summary
Net assets, end of year$149,178,749
Participants with balances1,128
Active participants547
Employer contributions$2,108,059
Employee contributions$5,679,425
Employer contribution per active participant$3,854
Average account balance$132,251
Benefits paid to participants$19,711,486
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$149.2M · 1,128 accts · $2.1M emplr
2023$140.0M · 1,204 accts · $2.2M emplr
2022$128.4M · 1,323 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Investment management$69,750
Audit (IQPA)$15,000
Total administrative$54,517
The Enerpac Tool Group Corp 401(k) match · 2024
Employer contribution per active participant$3,854
Median for plans this size$3,635
2024$3,854 per active participant
2023$4,096 per active participant
2022$3,501 per active participant

Enerpac Tool Group Corp's 2024 employer contribution ran above the $3,635 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 · 20244
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$64,996
MICHAEL BEST & FRIEDRICH LLP · Legal$26,300
WIPFLI, LLP · Accounting / audit$15,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$54,517 · 0.04%
2023$108,779 · 0.08%
2022$116,203 · 0.08%
Same employer
Similar plansManufacturing · Wisconsin
Douglas Dynamics, L.L.C. WI$177.8M · 0.17%
Discovery Energy LLC WI$177.6M · 0.10%
Douglas Dynamics, L.L.C. WI$157.9M · 0.19%
Ariens Company WI$141.1M · 0.04%
Brakebush Brothers, Inc. WI$134.7M · 0.25%
Standard Process Inc. WI$131.0M · 0.16%
Wis-Pak, Inc. WI$129.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390168610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.