Plan Ledger DOL Form 5500 · updated monthly

Fristam Pumps USA, Limited Partnership401(k)

FRISTAM PUMPS USA, LIMITED PARTNERSHIP RETIREMENT SAVINGS PLAN · MIDDLETON, WI · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Fristam Pumps USA, Limited Partnership reported $45,095 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,213 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 0.24% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 859th-largest of 1,936 plans among Wisconsin employers on file, and the 5,898th of 13,661 in manufacturing. In 2023, employees put in $5.70 for every $1.00 the employer contributed; active participation has grown from 102 to 114 since 2022.

Plan summary
Net assets, end of year$20,200,879
Participants with balances140
Active participants114
Employer contributions$138,275
Employee contributions$788,173
Employer contribution per active participant$1,213
Average account balance$144,292
Benefits paid to participants$450,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 133 accts · $137K emplr
2023$20.2M · 140 accts · $138K emplr
2022$16.3M · 132 accts · $131K emplr
Administrative expenses, itemized · 2023
Investment management$45,095
Total administrative$45,095
The Fristam Pumps USA, Limited Partnership 401(k) match · 2023
Employer contribution per active participant$1,213
Median for plans this size$2,440
2024$1,226 per active participant
2023$1,213 per active participant
2022$1,288 per active participant

Fristam Pumps USA, Limited Partnership's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
AMERIPRISE FINANCIAL SERVICES LLC · Investment advisory (plan)$34,768
EMPOWER ADVISORY GROUP LLC · Investment management$2,134
MAP RETIREMENT · Contract administrator$1,600

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$51,642 · 0.26%
2023$45,095 · 0.25%
2022$45,429 · 0.24%
Same employer
Similar plansManufacturing · Wisconsin
Construction Forms, Inc. WI$20.4M · 0.28%
Metal-Era, LLC WI$20.3M · 0.37%
Systems, LLC WI$20.1M · 0.06%
Marine Travelift, Inc. WI$19.8M · 0.28%
Stecker Machine Co., Inc. WI$19.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391263235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.