Plan Ledger DOL Form 5500 · updated monthly

Hentzen Coatings, Inc.401(k)

HENTZEN COATINGS, INC. 401(K) AND PROFIT SHARING PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Hentzen Coatings, Inc. reported $67,013 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $5,280 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 3 years on file its reported administrative ratio has held roughly steady near 0.186%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 508th-largest of 1,936 plans among Wisconsin employers on file, and the 3,761st of 13,661 in manufacturing. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,929,868
Participants with balances354
Active participants328
Employer contributions$1,731,796
Employee contributions$1,938,683
Employer contribution per active participant$5,280
Average account balance$109,971
Benefits paid to participants$2,904,311
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 354 accts · $1.7M emplr
2023$33.3M · 343 accts · $665K emplr
2022$31.7M · 291 accts · $487K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,354
Investment management$57,659
Total administrative$67,013
The Hentzen Coatings, Inc. 401(k) match · 2024
Employer contribution per active participant$5,280
Median for plans this size$2,416
2024$5,280 per active participant
2023$2,209 per active participant
2022$1,580 per active participant

Hentzen Coatings, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
SPECTRUM INVESTMENT ADVISORS INC · Investment advisory (plan)$57,659
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,354

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$67,013 · 0.19%
2023$69,001 · 0.21%
2022$65,299 · 0.19%
Same employer
Similar plansManufacturing · Wisconsin
Sussex Im, Inc. WI$39.5M · 0.17%
Merrill Iron & Steel, Inc. WI$39.2M · 0.32%
Palermo Villa, Inc. WI$38.9M · 0.41%
Badger Plug Company WI$38.9M · 0.13%
Quality Liquid Feeds, Inc. WI$38.8M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390714410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.