Plan Ledger DOL Form 5500 · updated monthly

Putzmeister America, Inc.401(k)

PUTZMEISTER AMERICA, INC. 401(K) PLAN · STURTEVANT, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Putzmeister America, Inc. reported $107,213 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,279 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 0.31% to 0.34%. 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 580th-largest of 1,936 plans among Wisconsin employers on file, and the 4,180th of 13,661 in manufacturing. In 2024, employees put in $3.12 for every $1.00 the employer contributed; active participation has grown from 256 to 291 since 2022.

Plan summary
Net assets, end of year$33,166,968
Participants with balances382
Active participants291
Employer contributions$663,237
Employee contributions$2,069,073
Employer contribution per active participant$2,279
Average account balance$86,825
Benefits paid to participants$3,563,640
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 382 accts · $663K emplr
2023$30.6M · 398 accts · $624K emplr
2022$26.0M · 360 accts · $545K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,213
Total administrative$107,213
The Putzmeister America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,279
Median for plans this size$2,416
2024$2,279 per active participant
2023$2,047 per active participant
2022$2,130 per active participant

Putzmeister America, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$107,212
LPL FINANCIAL LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$107,213 · 0.34%
2023$88,662 · 0.31%
2022$87,439 · 0.31%
Same employer
Similar plansManufacturing · Wisconsin
Dixon Ticonderoga Company WI$33.7M · 0.34%
Trace-A-Matic Corporation WI$33.6M · 0.30%
Milsco, LLC WI$33.2M · 0.18%
Glenroy, Inc. WI$32.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953755128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.