Plan Ledger DOL Form 5500 · updated monthly

Seats Incorporated401(k)

SEATS/COLUMBIA 401(K) PLAN · REEDSBURG, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Seats Incorporated reported $163,342 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,401 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. 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 462nd-largest of 1,936 plans among Wisconsin employers on file, and the 3,481st of 13,661 in manufacturing. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 1,007 to 736 since 2022.

Plan summary
Net assets, end of year$43,305,843
Participants with balances857
Active participants736
Employer contributions$1,031,115
Employee contributions$2,616,478
Employer contribution per active participant$1,401
Average account balance$50,532
Benefits paid to participants$3,958,338
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 857 accts · $1.0M emplr
2023$38.6M · 918 accts · $1.1M emplr
2022$32.3M · 926 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,342
Total administrative$163,342
The Seats Incorporated 401(k) match · 2024
Employer contribution per active participant$1,401
Median for plans this size$2,416
2024$1,401 per active participant
2023$1,331 per active participant
2022$985 per active participant

Seats Incorporated'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 · 20243
PREMIER RETIREMENT PARTNERS · Contract administrator$11,952
HORNOR TOWNSEND & KENT LLCindirect 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$163,342 · 0.40%
2023$141,104 · 0.40%
2022$136,823 · 0.39%
Same employer
Similar plansManufacturing · Wisconsin
Andis Company WI$44.5M · 0.49%
Avidity Science LLC WI$43.4M · 0.04%
Valley Cabinet, Inc. WI$42.4M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390847098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.