Plan Ledger DOL Form 5500 · updated monthly

Graef-Usa Inc.401(k)

GRAEF RETIREMENT SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Graef-Usa Inc. reported $146,145 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,693 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 0.21% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 287th-largest of 1,936 plans among Wisconsin employers on file, and the 1,872nd of 11,654 in professional & technical services. In 2024, employees put in $5.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,811,492
Participants with balances424
Active participants315
Employer contributions$533,446
Employee contributions$3,019,941
Employer contribution per active participant$1,693
Average account balance$183,518
Benefits paid to participants$6,819,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.8M · 424 accts · $533K emplr
2023$71.6M · 407 accts · $471K emplr
2022$60.3M · 382 accts · $414K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,958
Investment management$46,577
Audit (IQPA)$23,610
Total administrative$146,145
The Graef-Usa Inc. 401(k) match · 2024
Employer contribution per active participant$1,693
Median for plans this size$3,635
2024$1,693 per active participant
2023$1,525 per active participant
2022$1,403 per active participant

Graef-Usa Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$75,958
MORGAN STANLEY · Investment advisory (participants) · Investment advisory (plan)$46,577
CLIFTONLARSONALLEN LLP · Accounting / audit$23,610

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$146,145 · 0.20%
2023$124,890 · 0.19%
2022$135,614 · 0.21%
All plans at this employer2
GRAEF RETIREMENT SAVINGS PLAN401(k)
GRAEF ESOPESOP
Same employer
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Excel Engineering, Inc. WI$80.5M · 0.00%
Ayres Associates Inc. WI$80.3M · 0.08%
Derse Inc WI$72.2M · 0.21%
Boardman & Clark LLP WI$71.3M · 0.12%
Zywave, Inc. WI$66.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391083592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.