Plan Ledger DOL Form 5500 · updated monthly

Janesville Sand & Gravel Co.401(k)

JANESVILLE SAND & GRAVEL CO. AND LYCON INC. SAVINGS & RETIREMENT PLAN · JANESVILLE, WI · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Janesville Sand & Gravel Co. reported $12,963 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,419 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 1 year on file its reported administrative ratio fell from 0.031% to 0.026%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 386th-largest of 1,936 plans among Wisconsin employers on file, and the 2,948th of 13,661 in manufacturing. In 2023, the employer put in $1.49 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$54,748,592
Participants with balances401
Active participants297
Employer contributions$2,203,514
Employee contributions$1,481,922
Employer contribution per active participant$7,419
Average account balance$136,530
Benefits paid to participants$5,551,031
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$54.7M · 401 accts · $2.2M emplr
2022$45.5M · 371 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,963
Total administrative$12,963
The Janesville Sand & Gravel Co. 401(k) match · 2023
Employer contribution per active participant$7,419
Median for plans this size$3,659
2023$7,419 per active participant
2022$7,291 per active participant

Janesville Sand & Gravel Co.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Administrative cost history2
2023$12,963 · 0.03%
2022$13,637 · 0.03%
Same employer
Similar plansManufacturing · Wisconsin
Don Evans Nevada, Inc. WI$57.4M · 0.09%
Unico LLC WI$55.4M · 0.13%
Wausau Tile, Inc. WI$54.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390372930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.