Plan Ledger DOL Form 5500 · updated monthly

Milwaukee Rescue Mission401(k)

MILWAUKEE RESCUE MISSION EMPLOYEE RETIREMENT SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Milwaukee Rescue Mission reported $25,147 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $3,196 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 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Wisconsin (1,373rd of 1,936), and 1,801st of 3,341 in other services. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,557,681
Participants with balances221
Active participants172
Employer contributions$549,773
Employee contributions$358,651
Employer contribution per active participant$3,196
Average account balance$38,723
Benefits paid to participants$1,249,640
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 221 accts · $550K emplr
2023$8.0M · 209 accts · $672K emplr
2022$6.9M · 207 accts · $615K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,960
Investment management$1,046
Total administrative$25,147
The Milwaukee Rescue Mission 401(k) match · 2024
Employer contribution per active participant$3,196
Median for plans this size$1,313
2024$3,196 per active participant
2023$4,024 per active participant
2022$3,890 per active participant

Milwaukee Rescue Mission's 2024 employer contribution ran above the $1,313 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
NORTHWESTERN MUTUAL WEALTH MGMTindirect 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$25,147 · 0.30%
2023$27,333 · 0.37%
2022$20,958 · 0.29%
Similar plansOther Services · Wisconsin
Rawhide, Inc. WI$10.1M · 0.63%
L.T. Hampel Corp WI$9.0M · 0.76%
Wisconsin Humane Society WI$8.2M · 0.03%
Aspiro, Inc. WI$7.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390816851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.