Phillips & Temro Industries401(k)

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

Phillips & Temro Industries reported $9,982 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,706 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 3 years on file its reported administrative ratio has held roughly steady near 0.036%. 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 700th-largest of 1,918 plans among Minnesota employers on file, and the 4,503rd of 13,661 in manufacturing. In 2024, employees put in $3.68 for every $1.00 the employer contributed; active participation has shrunk from 363 to 312 since 2022.