Plan Ledger DOL Form 5500 · updated monthly

J & D Tube Benders, Inc.401(k)

J & D TUBE BENDERS INC. PROFIT SHARING PLAN · SCHOFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

J & D Tube Benders, Inc. reported $68,121 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $6,332 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 0.38% to 0.40%. 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 944th-largest of 1,936 plans among Wisconsin employers on file, and the 6,432nd of 13,661 in manufacturing. In 2024, the employer put in $2.92 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,620,804
Participants with balances130
Active participants110
Employer contributions$696,550
Employee contributions$238,716
Employer contribution per active participant$6,332
Average account balance$135,545
Benefits paid to participants$1,509,318
Plan auditUnmodified (clean) audit opinion
AuditorKERBERRSE SC
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 130 accts · $697K emplr
2023$16.4M · 123 accts · $638K emplr
2022$13.6M · 122 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,121
Total administrative$68,121
The J & D Tube Benders, Inc. 401(k) match · 2024
Employer contribution per active participant$6,332
Median for plans this size$2,416
2024$6,332 per active participant
2023$6,251 per active participant
2022$5,393 per active participant

J & D Tube Benders, 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$6,043

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,121 · 0.40%
2023$59,496 · 0.40%
2022$54,791 · 0.38%
Same employer
Similar plansManufacturing · Wisconsin
Sterling Wisconsin, LLC WI$18.1M · 0.25%
Automation Components, Inc. WI$17.9M · 0.43%
Kretz Lumber Co., Inc. WI$17.8M · 0.00%
Penzeys, LTD WI$17.6M · 0.11%
Master Lock Company LLC WI$17.5M · 0.20%
Parker Plastics, Inc. WI$17.5M · 0.71%
Diversatek, Inc. WI$17.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391165526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.