Plan Ledger DOL Form 5500 · updated monthly

Manitowoc Tool & Manufacturing, LLC401(k)

MANITOWOC TOOL & MANUFACTURING, LLC 401(K) PROFIT SHARING PLAN · MANITOWOC, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Manitowoc Tool & Manufacturing, LLC reported $20,094 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,594 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 0.14% to 0.17%. 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 (1,142nd of 1,936), and 7,719th 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$12,982,234
Participants with balances250
Active participants220
Employer contributions$350,692
Employee contributions$535,849
Employer contribution per active participant$1,594
Average account balance$51,929
Benefits paid to participants$290,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 250 accts · $351K emplr
2023$10.4M · 215 accts · $316K emplr
2022$9.6M · 245 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,954
Investment management$2,140
Total administrative$20,094
The Manitowoc Tool & Manufacturing, LLC 401(k) match · 2024
Employer contribution per active participant$1,594
Median for plans this size$2,416
2024$1,594 per active participant
2023$1,661 per active participant
2022$1,507 per active participant

Manitowoc Tool & Manufacturing, LLC'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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Trustee (directed)$20,095

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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

Administrative cost history3
2024$20,094 · 0.17%
2023$16,850 · 0.17%
2022$15,568 · 0.14%
Same employer
Similar plansManufacturing · Wisconsin
Fromm Family Foods, LLC WI$13.2M · 0.01%
Aries Industries, Inc. WI$13.2M · 0.50%
Delaval Inc. WI$13.2M · 0.11%
Heartland Farms, Inc. WI$12.9M · 0.47%
Bay View Industries, Inc. WI$12.8M · 0.45%
Chemdesign Products, Inc. WI$12.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262249970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.