Plan Ledger DOL Form 5500 · updated monthly

Sartori Company401(k)

SARTORI COMPANY RETIREMENT SAVINGS PLAN · PLYMOUTH, WI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Sartori Company reported $119,060 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,988 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 0.26% to 0.31%. 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 484th-largest of 1,936 plans among Wisconsin employers on file, and the 3,630th of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 579 to 661 since 2022.

Plan summary
Net assets, end of year$40,740,486
Participants with balances760
Active participants661
Employer contributions$1,314,191
Employee contributions$3,854,081
Employer contribution per active participant$1,988
Average account balance$53,606
Benefits paid to participants$5,900,156
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 760 accts · $1.3M emplr
2023$37.1M · 714 accts · $1.1M emplr
2022$34.1M · 700 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,500
Investment management$54,566
Audit (IQPA)$994
Total administrative$119,060
The Sartori Company 401(k) match · 2024
Employer contribution per active participant$1,988
Median for plans this size$2,416
2024$1,988 per active participant
2023$1,899 per active participant
2022$1,852 per active participant

Sartori Company'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$63,500
ROBERT W. BAIRD & CO. INCORPORATED · Investment advisory (plan)$38,853
CLIFTONLARSONALLEN LLP · Accounting / audit$16,707
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$119,060 · 0.31%
2023$91,369 · 0.26%
2022$93,576 · 0.26%
Same employer
Similar plansManufacturing · Wisconsin
Ssi Technologies, LLC WI$42.2M · 0.03%
Nord Gear Corporation WI$42.2M · 0.35%
Sti Holdings, Inc. WI$41.8M · 0.45%
Sterling Products, Inc. WI$40.7M · 0.37%
Team Industries, Inc. WI$40.5M · 0.24%
Fisher-Barton Inc. WI$40.0M · 0.45%
Sussex Im, Inc. WI$39.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390768447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.