Plan Ledger DOL Form 5500 · updated monthly

Midwest Stainless Technologies, LLC401(k)

MIDWEST STAINLESS TECHNOLOGIES, LLC 401(K) PLAN · MENOMONIE, WI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Midwest Stainless Technologies, LLC reported $19,320 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $818 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 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wisconsin (1,489th of 1,936), and 9,098th of 11,654 in professional & technical services. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,786,135
Participants with balances287
Active participants223
Employer contributions$182,427
Employee contributions$675,456
Employer contribution per active participant$818
Average account balance$23,645
Benefits paid to participants$1,189,828
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 287 accts · $182K emplr
2023$6.5M · 327 accts · $217K emplr
2022$5.6M · 249 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,320
Total administrative$19,320
The Midwest Stainless Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$818
Median for plans this size$1,313
2024$818 per active participant
2023$887 per active participant
2022$720 per active participant

Midwest Stainless Technologies, LLC'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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$26,209
ASCENSUS HOLDINGS INC · Contract administrator$11,897

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$19,320 · 0.29%
2023$5,552 · 0.09%
2022$18,054 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Kmsjr, Inc. WI$7.7M · 0.83%
Capps LLC WI$7.0M · 0.10%
The Infosoft Group LLC WI$6.8M · 0.42%
Tribute Technology US LLC WI$6.7M · 0.63%
Harter's Quick Clean-Up WI$6.5M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020692183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.