Plan Ledger DOL Form 5500 · updated monthly

Polo Custom Products401(k)

POLO CUSTOM PRODUCTS 401(K) PLAN · TOPEKA, KS · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Polo Custom Products reported $46,017 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $943 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 0.33% to 0.40%. 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 Kansas (457th of 828), and 8,192nd of 13,661 in manufacturing. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has shrunk from 348 to 311 since 2022.

Plan summary
Net assets, end of year$11,485,983
Participants with balances286
Active participants311
Employer contributions$293,201
Employee contributions$785,790
Employer contribution per active participant$943
Average account balance$40,161
Benefits paid to participants$2,389,477
Plan auditUnmodified (clean) audit opinion
AuditorMIZE CPAS INC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 286 accts · $293K emplr
2023$11.3M · 369 accts · $245K emplr
2022$10.0M · 314 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,704
Trustee / custodial$32,313
Total administrative$46,017
The Polo Custom Products 401(k) match · 2024
Employer contribution per active participant$943
Median for plans this size$2,416
2024$943 per active participant
2023$508 per active participant
2022$703 per active participant

Polo Custom Products's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$46,017

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$46,017 · 0.40%
2023$39,009 · 0.37%
2022$38,519 · 0.33%
Same employer
Similar plansManufacturing · Kansas
Yingling Aircraft, LLC KS$11.6M · 0.22%
STEP2 Discovery LLC KS$11.6M · 0.06%
Systemair Mfg. Inc. KS$11.4M · 0.73%
Galaxy Technology, Inc. KS$10.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480730742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.