Plan Ledger DOL Form 5500 · updated monthly

Primex Inc.401(k)

PRIMEX, INC. AND AFFILIATES PROFIT SHARING AND 401(K) PLAN AND TRUST · LAKE GENEVA, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Primex Inc. reported $47,279 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,196 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 0.25% to 0.19%. 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 717th-largest of 1,936 plans among Wisconsin employers on file, and the 5,023rd of 13,661 in manufacturing. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 122 to 108 since 2022.

Plan summary
Net assets, end of year$25,740,103
Participants with balances176
Active participants108
Employer contributions$345,149
Employee contributions$958,786
Employer contribution per active participant$3,196
Average account balance$146,251
Benefits paid to participants$3,472,682
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 176 accts · $345K emplr
2023$23.8M · 194 accts · $433K emplr
2022$20.8M · 215 accts · $887K emplr
The Primex Inc. 401(k) match · 2024
Employer contribution per active participant$3,196
Median for plans this size$2,416
2024$3,196 per active participant
2023$3,977 per active participant
2022$7,268 per active participant

Primex Inc.'s 2024 employer contribution ran above 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 · 20242
FRANCIS INVESTMENT COUNSEL · Consulting$55,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$47,279 · 0.19%
2023$42,348 · 0.19%
2022$57,005 · 0.25%
Same employer
Similar plansManufacturing · Wisconsin
Strohwig Industries, Inc. WI$26.5M · 0.25%
Enercon Industries, Inc. WI$26.1M · 0.19%
R&L Spring Company WI$25.7M · 0.28%
Share Corporation WI$25.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391191616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.