Plan Ledger DOL Form 5500 · updated monthly

Meyer Manufacturing Corporation401(k)

MEYER MANUFACTURING CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · DORCHESTER, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Meyer Manufacturing Corporation reported $90,354 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $5,050 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 0.46% to 0.42%. 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 811th-largest of 1,936 plans among Wisconsin employers on file, and the 5,608th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has shrunk from 164 to 140 since 2022.

Plan summary
Net assets, end of year$21,813,858
Participants with balances174
Active participants140
Employer contributions$707,047
Employee contributions$922,417
Employer contribution per active participant$5,050
Average account balance$125,367
Benefits paid to participants$2,699,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 174 accts · $707K emplr
2023$20.9M · 203 accts · $719K emplr
2022$18.2M · 195 accts · $690K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,735
Investment management$51,619
Total administrative$90,354
The Meyer Manufacturing Corporation 401(k) match · 2024
Employer contribution per active participant$5,050
Median for plans this size$2,416
2024$5,050 per active participant
2023$4,436 per active participant
2022$4,206 per active participant

Meyer Manufacturing Corporation'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 · 20242
WIPFLI, LLP · Recordkeeping · Participant communication$38,735
CREATIVE PLANNING HOLDCO, LLC · Investment advisory (participants) · Investment advisory (plan)$51,619

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

Recordkeeper by year2
2024WIPFLI, LLP
2023WIPFLI, LLP

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Administrative cost history3
2024$90,354 · 0.42%
2023$75,611 · 0.39%
2022$89,948 · 0.46%
Similar plansManufacturing · Wisconsin
Kikkoman Foods, Inc. WI$22.1M · 0.54%
Marchant-Schmidt, Inc. WI$22.1M · 0.27%
Helgesen Industries, Inc. WI$22.1M · 0.48%
D & S Machine Service, Inc. WI$21.8M · 0.12%
Jarp Industries, Inc. WI$21.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391025530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.