Plan Ledger DOL Form 5500 · updated monthly

Five Star Fabricating, Inc.401(k)

FIVE STAR FABRICATING, INC. 401K SAVINGS PLAN · TWIN LAKES, WI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Five Star Fabricating, Inc. reported $8,745 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,348 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 0.05% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,324th of 1,936), and 9,140th of 13,661 in manufacturing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 159 to 205 since 2022.

Plan summary
Net assets, end of year$9,207,337
Participants with balances120
Active participants205
Employer contributions$276,249
Employee contributions$533,007
Employer contribution per active participant$1,348
Average account balance$76,728
Benefits paid to participants$890,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 120 accts · $276K emplr
2023$8.0M · 118 accts · $231K emplr
2022$6.3M · 104 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,745
Total administrative$8,745
The Five Star Fabricating, Inc. 401(k) match · 2024
Employer contribution per active participant$1,348
Median for plans this size$1,313
2024$1,348 per active participant
2023$1,064 per active participant
2022$1,229 per active participant

Five Star Fabricating, Inc.'s 2024 employer contribution ran above the $1,313 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
VOYA RETIREMENT · Investment advisory (participants)$2,589
PPG RETIREMENT PLAN SERVICES, LTD. · Plan administrator · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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$8,745 · 0.10%
2023$5,297 · 0.07%
2022$3,032 · 0.05%
Similar plansManufacturing · Wisconsin
M-B Companies, Inc. WI$9.3M · 0.59%
Vets Plus, Inc. WI$9.3M · 0.03%
R.G. Rezin, Inc. WI$9.1M · 0.06%
Norlen, Inc WI$9.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391505250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.