Plan Ledger DOL Form 5500 · updated monthly

Out Source Inc.401(k)

OUT SOURCE INC. 401(K) PROIFIT SHARING PLAN & TRUST · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Out Source Inc. reported $37,360 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,245 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Wisconsin (1,609th of 1,936), and 1,416th of 2,534 in administrative & support services. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,196,867
Participants with balances107
Active participants76
Employer contributions$94,646
Employee contributions$226,973
Employer contribution per active participant$1,245
Average account balance$48,569
Benefits paid to participants$256,172
Plan auditUnmodified (clean) audit opinion
AuditorCHORTEK, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,360
Total administrative$37,360
The Out Source Inc. 401(k) match · 2024
Employer contribution per active participant$1,245
Median for plans this size$1,313

Out Source Inc.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA RET SOLUTIONS, LLC · Recordkeeping · Loan processing$17,437
CHARTER CAPITAL MANAGEMENT, INC · Investment advisory (plan)$19,923

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

Administrative cost history1
2024$37,360 · 0.77%
Similar plansAdministrative & Support Services · Wisconsin
Jonco Industries, Inc. WI$2.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391758640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.