Plan Ledger DOL Form 5500 · updated monthly

Palermo Villa, Inc.401(k)

PALERMO VILLA, INC. 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Palermo Villa, Inc. reported $140,761 in plan administrative expenses for 2024: 0.41% of average plan assets, above 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 2 years on file its reported administrative ratio fell from 0.45% to 0.41%. 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 507th-largest of 1,936 plans among Wisconsin employers on file, and the 3,760th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 780 to 1,127 since 2022.

Plan summary
Net assets, end of year$38,939,753
Participants with balances607
Active participants1,127
Employer contributions$1,526,375
Employee contributions$3,058,659
Employer contribution per active participant$1,354
Average account balance$64,151
Benefits paid to participants$2,054,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 607 accts · $1.5M emplr
2023$30.4M · 577 accts · $1.4M emplr
2022$23.1M · 551 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,373
Investment management$36,849
Audit (IQPA)$7,539
Total administrative$140,761
The Palermo Villa, Inc. 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$1,374 per active participant
2022$1,516 per active participant

Palermo Villa, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,373
CREATIVE PLANNING, LLC · Investment advisory (plan)$36,847
VRAKAS S.C · Accounting / audit$7,539
PALERMO VILLA, INC. · Other servicesindirect comp

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

Administrative cost history3
2024$140,761 · 0.41%
2023$112,981 · 0.42%
2022$113,290 · 0.45%
Same employer
Similar plansManufacturing · Wisconsin
Fisher-Barton Inc. WI$40.0M · 0.45%
Sussex Im, Inc. WI$39.5M · 0.17%
Merrill Iron & Steel, Inc. WI$39.2M · 0.32%
Hentzen Coatings, Inc. WI$38.9M · 0.19%
Badger Plug Company WI$38.9M · 0.13%
Quality Liquid Feeds, Inc. WI$38.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391035704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.