Plan Ledger DOL Form 5500 · updated monthly

Staab Construction CorporationESOP

STAAB CONSTRUCTION CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · MARSHFIELD, WI · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Staab Construction Corporation reported $38,411 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $17,395 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 1 year on file its reported administrative ratio fell from 0.17% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 539th-largest of 1,936 plans among Wisconsin employers on file, and the 1,348th of 5,337 in construction.

Plan summary
Net assets, end of year$35,935,631
Participants with balances157
Active participants129
Employer contributions$2,244,015
Employee contributions—
Employer contribution per active participant$17,395
Average account balance$228,889
Benefits paid to participants$1,080,867
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$35.9M · 157 accts · $2.2M emplr
2022$23.4M · 137 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Investment management$38,411
Total administrative$38,411
Employer contributions to the Staab Construction Corporation plan · 2023
Employer contribution per active participant$17,395
Median for plans this size$2,440
2023$17,395 per active participant
2022$16,198 per active participant

Staab Construction Corporation's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 · 20231
MORGAN STANLEY · Consulting · Custodial (securities)$38,411

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

Administrative cost history2
2023$38,411 · 0.13%
2022$36,640 · 0.17%
All plans at this employer2
STAAB CONSTRUCTION CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
STAAB CONSTRUCTION CORPORATION 401(K) PROFIT SHARING PLAN & TRUST401(k)
Same employer
Similar plansConstruction · Wisconsin
Haas Sons, Inc. WI$39.5M · 0.38%
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Dave Jones, LLC. WI$37.5M · 0.48%
Stevens Construction Corp. WI$36.3M · 0.17%
Equix Holdings, Inc. WI$33.0M · 0.21%
Vh Holdings, LLC WI$32.2M · 0.34%
Novum Holdings LLC WI$26.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391490780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.