Plan Ledger DOL Form 5500 · updated monthly

Milwaukee Valve Co., LLC401(k)

MILWAUKEE VALVE COMPANY, LLC EMPLOYEES' SAVINGS PLAN AND TRUST · NEW BERLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Milwaukee Valve Co., LLC reported $128,271 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,354 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 0.26%. 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 404th-largest of 1,936 plans among Wisconsin employers on file, and the 3,044th of 13,661 in manufacturing. In 2024, employees put in $4.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,490,337
Participants with balances458
Active participants374
Employer contributions$506,360
Employee contributions$2,413,669
Employer contribution per active participant$1,354
Average account balance$114,608
Benefits paid to participants$6,622,625
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $10K emplr
2024$52.5M · 458 accts · $506K emplr
2023$47.2M · 441 accts · $486K emplr
2022$38.9M · 407 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,958
Investment management$18,813
Audit (IQPA)$31,500
Total administrative$128,271
The Milwaukee Valve Co., LLC 401(k) match · 2024
Employer contribution per active participant$1,354
Median for plans this size$2,416
2024$1,354 per active participant
2023$1,339 per active participant
2022$6,212 per active participant

Milwaukee Valve Co., LLC'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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$77,958
RSM US LLP · Accounting / audit$31,500
ONEAMERICA INVESTMENT ADVISORY SVCS · Investment advisory (plan)$18,813
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$128,271 · 0.26%
2023$104,708 · 0.24%
2022$108,066 · 0.25%
Same employer
Similar plansManufacturing · Wisconsin
Cmd Corporation WI$53.3M · 0.09%
Khs USA, Inc. WI$53.3M · 0.03%
Mason Companies, Inc WI$53.1M · 0.26%
Paper Machinery Corporation WI$51.5M · 0.00%
Everbrite, LLC WI$50.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390965299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.