Plan Ledger DOL Form 5500 · updated monthly

Schuette, Inc.401(k)

SCHUETTE, INC. 401(K) PROFIT SHARING PLAN · ROTHSCHILD, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Schuette, Inc. reported $38,671 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,011 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 0.22% to 0.40%. 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 (1,259th of 1,936), and 8,641st of 13,661 in manufacturing. In 2024, employees put in $4.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,321,940
Participants with balances167
Active participants155
Employer contributions$156,719
Employee contributions$645,954
Employer contribution per active participant$1,011
Average account balance$61,808
Benefits paid to participants$972,294
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 167 accts · $157K emplr
2023$9.2M · 175 accts · $168K emplr
2022$7.9M · 166 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,171
Audit (IQPA)$12,500
Total administrative$38,671
The Schuette, Inc. 401(k) match · 2024
Employer contribution per active participant$1,011
Median for plans this size$1,313
2024$1,011 per active participant
2023$1,054 per active participant
2022$1,027 per active participant

Schuette, Inc.'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 · 20244
WIPFLI LLP · Accounting / audit$12,500
PENSION CONSULTANTS CO INC · Contract administrator$3,852
PACKERLAND BROKERAGE SERVICESindirect 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$38,671 · 0.40%
2023$30,205 · 0.35%
2022$18,471 · 0.22%
Same employer
Similar plansManufacturing · Wisconsin
Drylock Technologies, LTD WI$10.4M · 0.46%
Gamber-Johnson, LLC WI$10.3M · 0.45%
Spuncast Inc. WI$10.3M · 0.00%
Ellicott Dredges, LLC WI$10.2M · 0.67%
Hader Industries, Inc WI$10.2M · 0.01%
Nog, Inc. WI$10.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390925153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.