Plan Ledger DOL Form 5500 · updated monthly

J.P. Cullen & Sons, Inc.Profit-sharing plan

CULLEN PROFIT SHARING PLAN AND TRUST · JANESVILLE, WI · plan year 2025

Reported admin expense ratio · 2025
0.31%

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

J.P. Cullen & Sons, Inc. reported $118,008 in plan administrative expenses for 2025: 0.31% of average plan assets, above the peer median. Employer contributions averaged $18,573 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 4 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 501st-largest of 1,936 plans among Wisconsin employers on file, and the 1,257th of 5,337 in construction. active participation has grown from 164 to 234 since 2022.

Plan summary
Net assets, end of year$39,322,818
Participants with balances264
Active participants234
Employer contributions$4,346,093
Employee contributions—
Employer contribution per active participant$18,573
Average account balance$148,950
Benefits paid to participants$4,321,824
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$39.3M · 264 accts · $4.3M emplr
2024$35.9M · 236 accts · $3.7M emplr
2023$32.3M · 210 accts · $3.3M emplr
2022$26.9M · 212 accts · $2.8M emplr
Administrative expenses, itemized · 2025
Investment management$118,008
Total administrative$118,008
Employer contributions to the J.P. Cullen & Sons, Inc. plan · 2025
Employer contribution per active participant$18,573
Median for plans this size$2,666
2025$18,573 per active participant
2024$17,774 per active participant
2023$17,575 per active participant
2022$16,912 per active participant

J.P. Cullen & Sons, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ROBERT W. BAIRD & CO., INC. · Investment advisory (plan) · Other services$109,324
CLARION LION PROPERTIES FUND, LP · Investment management$8,434

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

Administrative cost history4
2025$118,008 · 0.31%
2024$106,521 · 0.31%
2023$104,296 · 0.35%
2022$85,862 · 0.33%
Same employer
Similar plansConstruction · Wisconsin
Hooper Corporation WI$46.4M · 0.13%
McC, Inc. WI$40.1M · 0.27%
Haas Sons, Inc. WI$39.5M · 0.38%
Dave Jones, LLC. WI$37.5M · 0.48%
Stevens Construction Corp. WI$36.3M · 0.17%
Equix Holdings, Inc. WI$33.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391367756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.