Plan Ledger DOL Form 5500 · updated monthly

In-Place Machining Company, LLC401(k)

IN-PLACE MACHINING COMPANY 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

In-Place Machining Company, LLC reported $139,724 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,733 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 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 455th-largest of 1,936 plans among Wisconsin employers on file, and the 483rd of 3,341 in other services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 279 to 424 since 2022.

Plan summary
Net assets, end of year$44,340,518
Participants with balances482
Active participants424
Employer contributions$1,582,672
Employee contributions$3,967,453
Employer contribution per active participant$3,733
Average account balance$91,993
Benefits paid to participants$5,737,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 482 accts · $1.6M emplr
2023$37.3M · 435 accts · $1.2M emplr
2022$28.1M · 349 accts · $868K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,782
Investment management$71,942
Total administrative$139,724
The In-Place Machining Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,733
Median for plans this size$2,416
2024$3,733 per active participant
2023$2,920 per active participant
2022$3,112 per active participant

In-Place Machining Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$75,221
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator$23,273

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$139,724 · 0.34%
2023$94,271 · 0.29%
2022$88,521 · 0.35%
Same employer
Similar plansOther Services · Wisconsin
Itu Absorbtech, Inc WI$49.3M · 0.03%
Ablelight Inc. WI$30.0M · 0.81%
Delta Defense, LLC WI$28.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390991859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.