Plan Ledger DOL Form 5500 · updated monthly

L.T. Hampel Corp401(k)

HAMPEL 401(K) SAVINGS PLAN · GERMANTOWN, WI · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

L.T. Hampel Corp reported $63,849 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,255 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 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Wisconsin (1,341st of 1,936), and 1,752nd of 3,341 in other services. In 2023, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 133 to 149 since 2022.

Plan summary
Net assets, end of year$9,042,412
Participants with balances173
Active participants149
Employer contributions$187,018
Employee contributions$533,784
Employer contribution per active participant$1,255
Average account balance$52,268
Benefits paid to participants$590,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 194 accts · $174K emplr
2023$9.0M · 173 accts · $187K emplr
2022$7.7M · 154 accts · $171K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,118
Investment management$36,731
Total administrative$63,849
The L.T. Hampel Corp 401(k) match · 2023
Employer contribution per active participant$1,255
Median for plans this size$1,308
2024$1,499 per active participant
2023$1,255 per active participant
2022$1,285 per active participant

L.T. Hampel Corp's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
INDEPENDENT FINANCIAL PARTNERS · Investment advisory (participants) · Investment management$36,731
EPIC RETIREMENT PLAN SERVICES · Custodial (securities)$22,838
PREMIER RETIREMENT PARTNERS · Contract administrator$4,280

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

Administrative cost history3
2024$68,076 · 0.78%
2023$63,849 · 0.76%
2022$65,707 · 0.77%
Same employer
Similar plansOther Services · Wisconsin
Streamworks, LLC WI$12.6M · 0.31%
Rawhide, Inc. WI$10.1M · 0.63%
Milwaukee Rescue Mission WI$8.6M · 0.30%
Wisconsin Humane Society WI$8.2M · 0.03%
Aspiro, Inc. WI$7.8M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391234774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.