Plan Ledger DOL Form 5500 · updated monthly

Power Test, Inc.401(k)

POWER TEST, INC. 401(K) RETIREMENT SAVINGS PLAN · SUSSEX, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Power Test, Inc. reported $66,065 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,570 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 0.17% to 0.42%. 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 (1,002nd of 1,936), and the 6,759th of 13,661 in manufacturing. In 2024, employees put in $5.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,182,980
Participants with balances167
Active participants130
Employer contributions$204,147
Employee contributions$1,055,436
Employer contribution per active participant$1,570
Average account balance$96,904
Benefits paid to participants$3,443,513
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 167 accts · $204K emplr
2023$15.6M · 165 accts · $197K emplr
2022$12.4M · 167 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,255
Investment management$43,810
Total administrative$66,065
The Power Test, Inc. 401(k) match · 2024
Employer contribution per active participant$1,570
Median for plans this size$2,416
2024$1,570 per active participant
2023$1,491 per active participant
2022$1,525 per active participant

Power Test, 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$66,065

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$66,065 · 0.42%
2023$17,235 · 0.12%
2022$24,702 · 0.17%
Same employer
Similar plansManufacturing · Wisconsin
Carma Laboratories, Inc. WI$16.4M · 0.46%
Weldall Mfg., Inc. WI$16.3M · 0.23%
Latitude Corp. WI$16.2M · 0.39%
Zenar Corporation WI$16.1M · 0.23%
Kcs International, Inc. WI$16.0M · 0.15%
Renewaire, LLC WI$15.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391562231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.