Plan Ledger DOL Form 5500 · updated monthly

International Thermal Systems LLC401(k)

INTERNATIONAL THERMAL SYSTEMS LLC 401(K) RETIREMENT PLAN · WAUWATOSA, WI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

International Thermal Systems LLC reported $56,649 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,828 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 0.52%. 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 among the smaller plans on file in Wisconsin (1,227th of 1,936), and 8,353rd of 13,661 in manufacturing. In 2024, employees put in $3.48 for every $1.00 the employer contributed; active participation has shrunk from 94 to 65 since 2022.

Plan summary
Net assets, end of year$11,032,597
Participants with balances100
Active participants65
Employer contributions$183,825
Employee contributions$639,717
Employer contribution per active participant$2,828
Average account balance$110,326
Benefits paid to participants$2,083,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 100 accts · $184K emplr
2023$11.0M · 106 accts · $200K emplr
2022$9.3M · 110 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,633
Investment management$54,016
Total administrative$56,649
The International Thermal Systems LLC 401(k) match · 2024
Employer contribution per active participant$2,828
Median for plans this size$2,416
2024$2,828 per active participant
2023$2,698 per active participant
2022$2,531 per active participant

International Thermal Systems 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 · 20242
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$28,874
UBS FINANCIAL SERVICES · Investment advisory (plan)$27,776

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$56,649 · 0.52%
2023$49,024 · 0.48%
2022$51,983 · 0.51%
Similar plansManufacturing · Wisconsin
Nps Holdings LLC WI$11.3M · 0.49%
Castle-Pierce Corporation WI$11.2M · 0.56%
H.G. Weber & Co., Inc. WI$11.1M · 0.26%
Wigwam Mills, Inc. WI$11.0M · 0.42%
Escargot Holdings, LLC WI$10.9M · 0.02%
Watertronics, LLC WI$10.9M · 0.29%
Midland Plastics, Inc. WI$10.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800603050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.