Plan Ledger DOL Form 5500 · updated monthly

Psco Kieffer, Inc.403(b)

PSCO KIEFFER RETIREMENT PLAN · SHEBOYGAN, WI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Psco Kieffer, Inc. reported $32,847 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,213 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 0.64% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,521st of 1,936), and 10,517th of 13,661 in manufacturing. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,312,100
Participants with balances89
Active participants62
Employer contributions$137,201
Employee contributions$211,658
Employer contribution per active participant$2,213
Average account balance$70,922
Benefits paid to participants$858,792
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 89 accts · $137K emplr
2023$5.9M · 129 accts · $144K emplr
2022$5.6M · 155 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,847
Total administrative$32,847
The Psco Kieffer, Inc. 401(k) match · 2024
Employer contribution per active participant$2,213
Median for plans this size$1,313
2024$2,213 per active participant
2023$2,177 per active participant
2022$2,384 per active participant

Psco Kieffer, Inc.'s 2024 employer contribution ran above the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$36,035

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,847 · 0.54%
2023$35,005 · 0.61%
2022$47,446 · 0.64%
Similar plansManufacturing · Wisconsin
Motis Brands, Inc. WI$6.4M · 0.79%
Ksp Group, Inc. WI$6.4M · 0.47%
Ardisam, Inc. WI$6.1M · 0.79%
Dowco, Inc. WI$6.0M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 881590556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.