Plan Ledger DOL Form 5500 · updated monthly

Metalcraft of Mayville, Inc.401(k)

METALCRAFT OF MAYVILLE INDIVIDUALS BARGAINING 401(K) PLAN · MAYVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Metalcraft of Mayville, Inc. reported $110,154 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,084 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 0.304%. 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 533rd-largest of 1,936 plans among Wisconsin employers on file, and the 3,927th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,385,596
Participants with balances349
Active participants272
Employer contributions$566,779
Employee contributions$598,946
Employer contribution per active participant$2,084
Average account balance$104,257
Benefits paid to participants$4,735,382
Plan auditUnmodified (clean) audit opinion
AuditorWIFPLI, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 349 accts · $567K emplr
2023$36.1M · 361 accts · $624K emplr
2022$33.8M · 373 accts · $685K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,782
Investment management$92,372
Total administrative$110,154
The Metalcraft of Mayville, Inc. 401(k) match · 2024
Employer contribution per active participant$2,084
Median for plans this size$2,416
2024$2,084 per active participant
2023$2,237 per active participant
2022$2,347 per active participant

Metalcraft of Mayville, Inc.'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 · Pension consulting$110,154

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.

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Administrative cost history3
2024$110,154 · 0.30%
2023$100,893 · 0.29%
2022$113,302 · 0.30%
Similar plansManufacturing · Wisconsin
Felker Brothers Corporation WI$37.2M · 0.21%
Mathews Archery, Inc. WI$36.6M · 0.24%
Techniplas US LLC WI$36.6M · 0.09%
Briess Industries, Inc. WI$36.3M · 0.30%
Techniplas LLC WI$36.1M · 0.16%
Livewire Ev, LLC WI$35.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391383583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.