Plan Ledger DOL Form 5500 · updated monthly

Quick Cable Corporation401(k)

QUICK CABLE CORPORATION 401(K) PLAN · FRANKSVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Quick Cable Corporation reported $31,504 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $906 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 0.49% to 0.95%. 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 (1,731st of 1,936), and 11,977th of 13,661 in manufacturing. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 108 to 126 since 2022.

Plan summary
Net assets, end of year$3,563,738
Participants with balances166
Active participants126
Employer contributions$114,212
Employee contributions$324,012
Employer contribution per active participant$906
Average account balance$21,468
Benefits paid to participants$426,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 166 accts · $114K emplr
2023$3.1M · 172 accts · $96K emplr
2022$2.9M · 180 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,504
Total administrative$31,504
The Quick Cable Corporation 401(k) match · 2024
Employer contribution per active participant$906
Median for plans this size$1,313
2024$906 per active participant
2023$709 per active participant
2022$551 per active participant

Quick Cable Corporation's 2024 employer contribution ran below 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
JOHNSON BANK · Trustee · Investment advisory (plan)$31,504

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$31,504 · 0.95%
2023$28,380 · 0.94%
2022$14,637 · 0.49%
Similar plansManufacturing · Wisconsin
Multistack Bac, LLC WI$3.8M · 0.17%
A.J. Manufacturing, Inc. WI$3.8M · 0.03%
Kua LLC WI$3.6M · 0.88%
Carnivore Meat Company WI$3.5M · 0.63%
Branches LLC WI$3.5M · 0.84%
Cpt, Inc. WI$3.4M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391028730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.