Plan Ledger DOL Form 5500 · updated monthly

Malteurop North America Inc.401(k)

MALTEUROP NORTH AMERICA INC. 401(K) SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Malteurop North America Inc. reported $146,647 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,719 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 2 years on file its reported administrative ratio rose from 0.45% to 0.67%. 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 the 802nd-largest of 1,936 plans among Wisconsin employers on file, and the 5,533rd of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,207,361
Participants with balances178
Active participants139
Employer contributions$655,972
Employee contributions$1,000,870
Employer contribution per active participant$4,719
Average account balance$124,760
Benefits paid to participants$3,976,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 178 accts · $656K emplr
2023$21.7M · 186 accts · $653K emplr
2022$19.8M · 192 accts · $806K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,647
Total administrative$146,647
The Malteurop North America Inc. 401(k) match · 2024
Employer contribution per active participant$4,719
Median for plans this size$2,416
2024$4,719 per active participant
2023$4,664 per active participant
2022$5,840 per active participant

Malteurop North America Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan) · Investment management$74,301
REILLY, PENNER & BENTON LLP · Accounting / audit$7,800
FUTUREPLAN BY ASCENSUS · Contract administrator$3,278

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$146,647 · 0.67%
2023$106,157 · 0.51%
2022$104,095 · 0.45%
Same employer
Similar plansManufacturing · Wisconsin
Rytec Corporation WI$22.5M · 0.43%
Didion Milling, Inc WI$22.5M · 0.50%
Kikkoman Foods, Inc. WI$22.1M · 0.54%
Marchant-Schmidt, Inc. WI$22.1M · 0.27%
Helgesen Industries, Inc. WI$22.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753269114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.