Plan Ledger DOL Form 5500 · updated monthly

Haas Sons, Inc.401(k)

HAAS SONS, INC. 401(K) PROFIT SHARING PLAN · THORP, WI · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Haas Sons, Inc. reported $142,855 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.22% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 497th-largest of 1,936 plans among Wisconsin employers on file, and the 1,247th of 5,337 in construction.

Plan summary
Net assets, end of year$39,489,962
Participants with balances497
Active participants357
Employer contributions$0
Employee contributions$1,003,798
Employer contribution per active participant$0
Average account balance$79,457
Benefits paid to participants$2,681,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 497 accts
2023$36.5M · 498 accts · $3.0M emplr
2022$30.5M · 468 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,727
Investment management$93,373
Total administrative$142,855
The Haas Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$8,022 per active participant
2022$7,986 per active participant

Haas Sons, Inc.'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
ROBERT W BAIRD & CO INCORPORATED · Investment advisory (plan)$69,711
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$35,727
NFP RETIREMENT INC · Investment advisory (plan) · Contract administrator$23,662
CLIFTONLARSON ALLEN, LLP · Accounting / audit$13,755

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$142,855 · 0.38%
2023$143,082 · 0.43%
2022$71,785 · 0.22%
Same employer
Similar plansConstruction · Wisconsin
J.F. Brennan Company, Inc. WI$46.6M · 0.28%
Hooper Corporation WI$46.4M · 0.13%
McC, Inc. WI$40.1M · 0.27%
J.P. Cullen & Sons, Inc. WI$39.3M · 0.31%
Dave Jones, LLC. WI$37.5M · 0.48%
Stevens Construction Corp. WI$36.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391621289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.