Plan Ledger DOL Form 5500 · updated monthly

Psab Enterprises Inc401(k)

MAHLERCLEAN 401(K) SAVINGS PLAN · BROOKFIELD, WI · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Psab Enterprises Inc reported $450 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $144 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Wisconsin (1,863rd of 1,936), and 2,051st of 2,534 in administrative & support services. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,504,296
Participants with balances42
Active participants327
Employer contributions$47,230
Employee contributions$112,128
Employer contribution per active participant$144
Average account balance$35,817
Benefits paid to participants$10,681
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
The Psab Enterprises Inc 401(k) match · 2022
Employer contribution per active participant$144
Median for plans this size$1,114

Psab Enterprises Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$450 · 0.03%
Similar plansAdministrative & Support Services · Wisconsin
Jonco Industries, Inc. WI$2.6M · 0.65%
Swat Group, Inc. WI$1.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820755919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.