Plan Ledger DOL Form 5500 · updated monthly

K-W Electric, Inc.401(k)

K-W ELECTRIC 401(K)/RETIREMENT PLAN · PLYMOUTH, WI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

K-W Electric, Inc. reported $51,728 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,087 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,087th of 1,936), and the 2,559th of 5,337 in construction. In 2024, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,201,015
Participants with balances127
Active participants101
Employer contributions$210,816
Employee contributions$622,460
Employer contribution per active participant$2,087
Average account balance$111,819
Benefits paid to participants$400,400
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,540
Investment management$47,188
Total administrative$51,728
The K-W Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$2,087
Median for plans this size$2,416

K-W Electric, Inc.'s 2024 employer contribution ran below 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 · 20243
THE RETIREMENT ADVANTAGE INC · Recordkeeping$4,420
STADION MONEY MANAGEMENT · Investment advisory (participants)$47,188
LINCOLN NATIONAL CORPORATION · Contract administrator$120

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

Administrative cost history1
2024$51,728 · 0.39%
Similar plansConstruction · Wisconsin
Trachte, LLC WI$15.2M · 0.42%
Pember Companies, Inc. WI$14.8M · 0.60%
Cost of Wisconsin, Inc. WI$13.7M · 0.40%
Holton Brothers, Inc. WI$12.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391614199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.