Plan Ledger DOL Form 5500 · updated monthly

Rice Lake Weighing Systems, Inc.401(k)

RICE LAKE WEIGHING SYSTEMS EMPLOYEES PROFIT SHARING PLUS PLAN · RICE LAKE, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Rice Lake Weighing Systems, Inc. reported $144,166 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,435 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 0.14% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 245th-largest of 1,936 plans among Wisconsin employers on file, and the 2,020th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,672,389
Participants with balances878
Active participants659
Employer contributions$2,263,763
Employee contributions$3,811,235
Employer contribution per active participant$3,435
Average account balance$104,410
Benefits paid to participants$6,596,395
Plan auditUnmodified (clean) audit opinion
AuditorWIPLFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$91.7M · 878 accts · $2.3M emplr
2023$82.4M · 871 accts · $2.0M emplr
2022$71.2M · 842 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,527
Investment management$112,639
Total administrative$144,166
The Rice Lake Weighing Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,435
Median for plans this size$3,635
2024$3,435 per active participant
2023$3,254 per active participant
2022$2,710 per active participant

Rice Lake Weighing Systems, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$31,527
ORGEL WEALTH MANAGEMENT, LLC · Investment advisory (plan)$112,639

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Rice Lake Weighing Systems, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$144,166 · 0.17%
2023$110,499 · 0.14%
2022$110,597 · 0.14%
Same employer
Similar plansManufacturing · Wisconsin
Meridian Industries, Inc. WI$94.8M · 0.21%
Central Processing Corp. WI$92.6M · 0.41%
Aws/Gb Corporation WI$90.5M · 0.28%
Jockey International, Inc. WI$89.4M · 0.25%
Weather Shield Mfg., Inc. WI$89.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391145543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.