Plan Ledger DOL Form 5500 · updated monthly

Olds Products Co. of Illinois401(k)

OLDS PRODUCTS COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN · PLEASANT PRAIRIE, WI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Olds Products Co. of Illinois reported $5,235 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,205 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 0.01% to 0.04%. 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 among the smaller plans on file in Wisconsin (1,070th of 1,936), and 7,212th of 13,661 in manufacturing. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 154 to 197 since 2022.

Plan summary
Net assets, end of year$14,594,159
Participants with balances207
Active participants197
Employer contributions$1,025,354
Employee contributions$933,117
Employer contribution per active participant$5,205
Average account balance$70,503
Benefits paid to participants$760,091
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 207 accts · $1.0M emplr
2023$11.3M · 171 accts · $159K emplr
2022$9.1M · 156 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,235
Total administrative$5,235
The Olds Products Co. of Illinois 401(k) match · 2024
Employer contribution per active participant$5,205
Median for plans this size$2,416
2024$5,205 per active participant
2023$884 per active participant
2022$929 per active participant

Olds Products Co. of Illinois's 2024 employer contribution ran above the $2,416 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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$5,235

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$5,235 · 0.04%
2023$2,800 · 0.03%
2022$750 · 0.01%
Same employer
Similar plansManufacturing · Wisconsin
Wb Manufacturing, LLC WI$14.8M · 0.59%
Wick Buildings, Inc. WI$14.6M · 0.70%
Ki Mobility, LLC WI$14.6M · 0.47%
L.B. White Company, LLC. WI$14.6M · 0.45%
Muza Metal Products, LLC WI$14.6M · 0.55%
Wisconsin Built, Inc. WI$14.5M · 0.43%
Fox Valley Metal Tech, Inc. WI$14.4M · 0.51%
Northwire, Inc. WI$14.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361577920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.