Plan Ledger DOL Form 5500 · updated monthly

Oem Fabricators, Inc.401(k)

OEM FABRICATORS, INC. 401(K) PLAN AND TRUST · WOODVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Oem Fabricators, Inc. reported $53,030 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,948 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 rose from 0.03% to 0.27%. 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 836th-largest of 1,936 plans among Wisconsin employers on file, and the 5,756th of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,929,451
Participants with balances357
Active participants276
Employer contributions$537,537
Employee contributions$1,334,665
Employer contribution per active participant$1,948
Average account balance$58,626
Benefits paid to participants$1,993,428
Plan auditUnmodified (clean) audit opinion
AuditorWIPFL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 357 accts · $538K emplr
2023$18.5M · 322 accts · $510K emplr
2022$14.4M · 314 accts · $463K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,987
Investment management$28,043
Total administrative$53,030
The Oem Fabricators, Inc. 401(k) match · 2024
Employer contribution per active participant$1,948
Median for plans this size$2,416
2024$1,948 per active participant
2023$1,802 per active participant
2022$1,753 per active participant

Oem Fabricators, Inc.'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$24,987
GREAT VALLEY ADVISOR GROUP · Investment advisory (plan)$28,043

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

Recordkeeper by year2
2024Vanguard
2023Securian

This plan has changed recordkeepers within these filings. If you left Oem Fabricators, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,030 · 0.27%
2023$6,909 · 0.04%
2022$4,586 · 0.03%
Same employer
Similar plansManufacturing · Wisconsin
Kewaunee Fabrications LLC WI$21.3M · 0.07%
S&S Cycle, Inc. WI$21.0M · 0.26%
Dramm Corporation WI$20.6M · 0.42%
Construction Forms, Inc. WI$20.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391571676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.