Plan Ledger DOL Form 5500 · updated monthly

Inpro Corporation401(k)

INPRO CORP. 401(K) PROFIT SHARING PLAN · MUSKEGO, WI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Inpro Corporation reported $187,036 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,522 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 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 317th-largest of 1,936 plans among Wisconsin employers on file, and the 2,428th of 13,661 in manufacturing. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has grown from 622 to 707 since 2022.

Plan summary
Net assets, end of year$71,578,662
Participants with balances822
Active participants707
Employer contributions$1,076,141
Employee contributions$4,304,601
Employer contribution per active participant$1,522
Average account balance$87,079
Benefits paid to participants$7,666,065
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEYULBRICHRISTAINSEN&RUSS PA
Plan history3
Yearassets · accounts · employer contribution
2024$71.6M · 822 accts · $1.1M emplr
2023$65.0M · 723 accts · $1.0M emplr
2022$56.1M · 655 accts · $930K emplr
The Inpro Corporation 401(k) match · 2024
Employer contribution per active participant$1,522
Median for plans this size$3,635
2024$1,522 per active participant
2023$1,393 per active participant
2022$1,495 per active participant

Inpro Corporation'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 · 20242
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Consulting$173,237
REDHAWK WEALTH ADVISORS · Investment advisory (plan) · Named fiduciary$13,799

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$187,036 · 0.27%
2023$161,507 · 0.27%
2022$172,335 · 0.28%
Same employer
Similar plansManufacturing · Wisconsin
Tidi Products, LLC WI$73.5M · 0.10%
Placon Corporation WI$71.8M · 0.04%
Bell Laboratories, Inc. WI$68.1M · 0.12%
Clasen Quality Chocolate WI$67.5M · 0.01%
Foremost Farms USA WI$67.4M · 0.16%
Wago Corporation WI$66.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391455053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.