Plan Ledger DOL Form 5500 · updated monthly

Latitude Corp.401(k)

LATITUDE CORP. 401(K) PLAN · VERONA, WI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Latitude Corp. reported $58,627 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,432 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 0.39%. 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 among the smaller plans on file in Wisconsin (1,000th of 1,936), and the 6,752nd of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,216,580
Participants with balances223
Active participants179
Employer contributions$435,338
Employee contributions$927,879
Employer contribution per active participant$2,432
Average account balance$72,720
Benefits paid to participants$640,093
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 223 accts · $435K emplr
2023$13.7M · 243 accts · $413K emplr
2022$11.0M · 224 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,877
Investment management$36,583
Trustee / custodial$167
Total administrative$58,627
The Latitude Corp. 401(k) match · 2024
Employer contribution per active participant$2,432
Median for plans this size$2,416
2024$2,432 per active participant
2023$1,276 per active participant
2022$2,038 per active participant

Latitude Corp.'s 2024 employer contribution ran above 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$21,877
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$36,583

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$58,627 · 0.39%
2023$46,052 · 0.37%
2022$44,490 · 0.38%
All plans at this employer2
LATITUDE CORP. 401(K) PLAN401(k)
LATITUDE CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Wisconsin
Carma Laboratories, Inc. WI$16.4M · 0.46%
Weldall Mfg., Inc. WI$16.3M · 0.23%
Power Test, Inc. WI$16.2M · 0.42%
Zenar Corporation WI$16.1M · 0.23%
Kcs International, Inc. WI$16.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363714613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.