Plan Ledger DOL Form 5500 · updated monthly

Matenaer Corporation401(k)

MATENAER CORPORATION 401(K) SAVINGS PLAN · WEST BEND, WI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Matenaer Corporation reported $17,244 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $833 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 0.255%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,472nd of 1,936), and 10,091st of 13,661 in manufacturing. In 2024, employees put in $4.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,143,817
Participants with balances171
Active participants142
Employer contributions$118,308
Employee contributions$515,308
Employer contribution per active participant$833
Average account balance$41,777
Benefits paid to participants$662,074
Plan auditUnmodified (clean) audit opinion
AuditorDJA CPAS, S.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 171 accts · $118K emplr
2023$6.4M · 182 accts · $111K emplr
2022$5.3M · 172 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,494
Audit (IQPA)$15,750
Total administrative$17,244
The Matenaer Corporation 401(k) match · 2024
Employer contribution per active participant$833
Median for plans this size$1,313
2024$833 per active participant
2023$726 per active participant
2022$738 per active participant

Matenaer Corporation's 2024 employer contribution ran below the $1,313 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 · 20244
DJA CPAS, S.C. · Accounting / audit$15,750
LPL FINANCIAL LLCindirect comp
NATIONAL FINANCIAL SERVICES LLCindirect comp

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$17,244 · 0.25%
2023$15,529 · 0.26%
2022$14,917 · 0.25%
Same employer
Similar plansManufacturing · Wisconsin
Engendren Corporation WI$7.5M · 0.89%
G3 Industries, Inc. WI$7.2M · 0.78%
Velocity Machine, Inc. WI$7.2M · 1.12%
Abet USA, Inc. WI$7.1M · 0.57%
Tnt Crust LLC WI$7.1M · 1.91%
Royal Basket Trucks Inc. WI$7.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391744505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.