Plan Ledger DOL Form 5500 · updated monthly

Maxus Operations, LLC401(k)

MAXUS OPERATIONS, LLC AND AFFILIATES 401(K) PLAN · ELKHORN, WI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Maxus Operations, LLC reported $18,934 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $266 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 fell from 0.74% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Wisconsin (1,784th of 1,936), and 704th of 786 in management of companies. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has grown from 243 to 317 since 2022.

Plan summary
Net assets, end of year$2,840,533
Participants with balances132
Active participants317
Employer contributions$84,175
Employee contributions$285,618
Employer contribution per active participant$266
Average account balance$21,519
Benefits paid to participants$570,861
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS, S
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 132 accts · $84K emplr
2023$2.7M · 175 accts · $86K emplr
2022$2.1M · 180 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,025
Investment management$16,909
Total administrative$18,934
The Maxus Operations, LLC 401(k) match · 2024
Employer contribution per active participant$266
Median for plans this size$1,313
2024$266 per active participant
2023$262 per active participant
2022$335 per active participant

Maxus Operations, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$1,843
THE RETIREMENT ADVANTAGE INC · Recordkeeping$1,285
LINCOLN NATIONAL CORPORATION · Contract administrator$15,806

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., THE RETIREMENT ADVANTAGE INC
2023THE RETIREMENT ADVANTAGE INC

This plan has changed recordkeepers within these filings. If you left Maxus Operations, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,934 · 0.68%
2023$18,126 · 0.75%
2022$15,522 · 0.74%
Similar plansManagement of Companies · Wisconsin
Gci Affiliated Companies WI$10.7M · 0.11%
Unity Holdings, Inc. WI$7.4M · 0.00%
Bvo Holdings Corporation WI$7.1M · 0.55%
Ecm Holding Group, Inc. WI$5.6M · 0.69%
Watterson Brands, LLC SC$3.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462715562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.