Plan Ledger DOL Form 5500 · updated monthly

Exponential Power, Inc.401(k)

EXPONENTIAL POWER 401K PLAN · MENOMONEE FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Exponential Power, Inc. reported $130,968 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,746 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 0.02% to 0.52%. 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 690th-largest of 1,936 plans among Wisconsin employers on file, and the 4,870th of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 165 to 270 since 2020.

Plan summary
Net assets, end of year$26,964,045
Participants with balances340
Active participants270
Employer contributions$1,011,489
Employee contributions$1,976,453
Employer contribution per active participant$3,746
Average account balance$79,306
Benefits paid to participants$2,807,116
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2024$27.0M · 340 accts · $1.0M emplr
2023$23.2M · 378 accts · $941K emplr
2022$18.8M · 36 accts · $651K emplr
2020$19.4M · 217 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,814
Investment management$44,154
Audit (IQPA)$63,000
Total administrative$130,968
The Exponential Power, Inc. 401(k) match · 2024
Employer contribution per active participant$3,746
Median for plans this size$2,416
2024$3,746 per active participant
2023$3,117 per active participant
2022$2,222 per active participant
2020$1,061 per active participant

Exponential Power, 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$23,815
RSM US LLP · Accounting / audit$63,000
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (participants) · Investment advisory (plan)$44,154

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history4
2024$130,968 · 0.52%
2023$30,688 · 0.15%
2022$3,604 · 0.02%
2020Not separately reported
Similar plansManufacturing · Wisconsin
Lake Shore Systems, Inc. WI$27.1M · 0.24%
Exacto Spring Corp. WI$27.1M · 0.60%
Onetouchpoint Holdings, LLC WI$27.1M · 0.46%
Regal Ware, Inc. WI$26.7M · 0.23%
Teel Plastics, Inc. WI$26.6M · 0.42%
Shine Technologies, LLC WI$26.5M · 0.56%
Imperial Industries, Inc. WI$26.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455538379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.