Plan Ledger DOL Form 5500 · updated monthly

Fraser Industries401(k)

FRASER INDUSTRIES UNION EMPLOYEES 401(K) · SUPERIOR, WI · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

Fraser Industries reported $48,185 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,691 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 2.02% to 1.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Wisconsin (1,755th of 1,936), and 2,626th of 3,341 in other services. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has shrunk from 139 to 96 since 2022.

Plan summary
Net assets, end of year$3,198,430
Participants with balances137
Active participants96
Employer contributions$258,346
Employee contributions$282,149
Employer contribution per active participant$2,691
Average account balance$23,346
Benefits paid to participants$382,434
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 137 accts · $258K emplr
2023$2.8M · 158 accts · $261K emplr
2022$2.3M · 174 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,006
Investment management$10,179
Audit (IQPA)$16,000
Total administrative$48,185
The Fraser Industries 401(k) match · 2024
Employer contribution per active participant$2,691
Median for plans this size$1,313
2024$2,691 per active participant
2023$2,721 per active participant
2022$2,465 per active participant

Fraser Industries's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$22,006
WIPFLI, LLP. · Accounting / audit$16,000
PRIME CAPITAL INVESTMENT · Investment advisory (plan)$10,179

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$48,185 · 1.61%
2023$40,288 · 1.60%
2022$50,479 · 2.02%
Same employer
Similar plansOther Services · Wisconsin
Workforce Resource, Inc. WI$4.0M · 0.48%
Quillin's, Inc. WI$2.8M · 1.34%
Rochelle Leigh Group LLC WI$2.1M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271970821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.