Plan Ledger DOL Form 5500 · updated monthly

Ripon Awardjackets, Inc.401(k)

RIPON AWARDJACKETS, INC. 401(K) SAVINGS PLAN · BERLIN, WI · plan year 2023

Reported admin expense ratio · 2023
0.69%

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

Ripon Awardjackets, Inc. reported $52,180 in plan administrative expenses for 2023: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,142 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 0.66% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,405th of 1,936), and 9,609th of 13,661 in manufacturing. In 2023, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,121,539
Participants with balances117
Active participants112
Employer contributions$127,862
Employee contributions$365,360
Employer contribution per active participant$1,142
Average account balance$69,415
Benefits paid to participants$426,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 113 accts · $133K emplr
2023$8.1M · 117 accts · $128K emplr
2022$7.1M · 121 accts · $83K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,180
Total administrative$52,180
The Ripon Awardjackets, Inc. 401(k) match · 2023
Employer contribution per active participant$1,142
Median for plans this size$1,308
2024$1,219 per active participant
2023$1,142 per active participant
2022$726 per active participant

Ripon Awardjackets, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,234
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect 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$57,728 · 0.71%
2023$52,180 · 0.69%
2022$51,734 · 0.66%
Similar plansManufacturing · Wisconsin
Arow Global Corp. WI$8.3M · 0.69%
Polyfab LLC WI$8.3M · 0.60%
Multistack, LLC WI$8.2M · 0.30%
Artemax, Inc. WI$8.1M · 0.08%
Xymox Technologies, Inc. WI$8.1M · 0.57%
Wisconsin Metal Parts Inc WI$8.1M · 0.46%
Super Steel LLC WI$8.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391308323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.