Plan Ledger DOL Form 5500 · updated monthly

Four Keys, LLC401(k)

FOUR KEYS, LLC 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Four Keys, LLC reported $125,500 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $725 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 1 year on file its reported administrative ratio rose from 0.65% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,079th of 1,936), and the 1,981st of 5,215 in retail trade. In 2024, employees put in $4.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,314,362
Participants with balances300
Active participants239
Employer contributions$173,384
Employee contributions$841,952
Employer contribution per active participant$725
Average account balance$47,715
Benefits paid to participants$491,486
Plan auditUnmodified (clean) audit opinion
AuditorLIPSCHULTZ, LEVIN, & GRAY, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$14.3M · 300 accts · $173K emplr
2023$11.9M · 290 accts · $45K emplr
Administrative expenses, itemized · 2024
Investment management$125,500
Total administrative$125,500
The Four Keys, LLC 401(k) match · 2024
Employer contribution per active participant$725
Median for plans this size$2,416
2024$725 per active participant
2023$143 per active participant

Four Keys, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MARINER WEALTH ADVISORS, LLC · Investment advisory (plan)$27,611
MAP RETIREMENT USA LLC · Contract administrator$17,371
MAP RETIREMENT$10,165

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

Administrative cost history2
2024$125,500 · 0.96%
2023$77,509 · 0.65%
Similar plansRetail Trade · Wisconsin
T.A. Solberg Co., Inc. WI$14.8M · 0.54%
Schierl Inc. WI$14.8M · 0.96%
Smart Motors, Inc. WI$14.4M · 0.84%
International Autos, Inc. WI$14.4M · 0.86%
Stumpf Motor Company, Inc. WI$14.0M · 0.25%
Holz Motors, Inc WI$13.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473403304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.