Plan Ledger DOL Form 5500 · updated monthly

Neumann Developments, Inc.401(k)

NEUMANN COMPANIES RETIREMENT PROGRAM · PEWAUKEE, WI · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Neumann Developments, Inc. reported $67,570 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $5,007 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 1 year on file its reported administrative ratio fell from 0.81% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,205th of 1,936), and 2,906th of 5,337 in construction. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,393,900
Participants with balances213
Active participants156
Employer contributions$781,127
Employee contributions$1,654,737
Employer contribution per active participant$5,007
Average account balance$53,492
Benefits paid to participants$677,764
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$11.4M · 213 accts · $781K emplr
2022$7.6M · 192 accts · $680K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$67,570
Total administrative$67,570
The Neumann Developments, Inc. 401(k) match · 2023
Employer contribution per active participant$5,007
Median for plans this size$1,308
2023$5,007 per active participant
2022$4,197 per active participant

Neumann Developments, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$32,815
PEAK RETIREMENT GROUP DBA TG · Contract administrator$1,760
EMPOWER ADVISORY GROUP, LLC · Investment management$1,589

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

Administrative cost history2
2023$67,570 · 0.71%
2022$60,379 · 0.81%
Same employer
Similar plansConstruction · Wisconsin
Musson Bros., Inc. WI$12.1M · 0.55%
Deleers Construction, Inc. WI$11.7M · 0.60%
Allan Gerke & Sons, Inc. WI$11.5M · 0.62%
Push, Inc. WI$11.1M · 0.45%
Daar Engineering, Inc. WI$10.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271417301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.