Plan Ledger DOL Form 5500 · updated monthly

Renewaire, LLC401(k)

RENEWAIRE, LLC RETIREMENT SAVING PLAN & TRUST 2 · WAUNAKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Renewaire, LLC reported $47,710 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $4,363 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 0.44% to 0.33%. 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 among the smaller plans on file in Wisconsin (1,017th of 1,936), and 6,884th of 13,661 in manufacturing. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 134 to 168 since 2022.

Plan summary
Net assets, end of year$15,721,381
Participants with balances191
Active participants168
Employer contributions$733,065
Employee contributions$1,130,692
Employer contribution per active participant$4,363
Average account balance$82,311
Benefits paid to participants$1,286,280
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 191 accts · $733K emplr
2023$13.3M · 166 accts · $623K emplr
2022$10.1M · 144 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,207
Investment management$45,503
Total administrative$47,710
The Renewaire, LLC 401(k) match · 2024
Employer contribution per active participant$4,363
Median for plans this size$2,416
2024$4,363 per active participant
2023$4,211 per active participant
2022$4,014 per active participant

Renewaire, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 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 (directed)$47,710

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$47,710 · 0.33%
2023$47,857 · 0.41%
2022$48,163 · 0.44%
Same employer
Similar plansManufacturing · Wisconsin
Power Test, Inc. WI$16.2M · 0.42%
Zenar Corporation WI$16.1M · 0.23%
Kcs International, Inc. WI$16.0M · 0.15%
Spectrum Industries, Inc. WI$15.6M · 0.07%
Molded Dimensions, LLC WI$15.4M · 0.44%
Elkay Manufacturing Company WI$15.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272192399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.