Plan Ledger DOL Form 5500 · updated monthly

Stecker Machine Co., Inc.401(k)

STECKER MACHINE CO., INC. 401(K) PLAN · MANITOWOC, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Stecker Machine Co., Inc. reported $62,756 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,321 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 0.344%. 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 867th-largest of 1,936 plans among Wisconsin employers on file, and the 5,986th of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,692,953
Participants with balances284
Active participants241
Employer contributions$559,384
Employee contributions$949,005
Employer contribution per active participant$2,321
Average account balance$69,341
Benefits paid to participants$976,663
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINGS ASH CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 284 accts · $559K emplr
2023$16.8M · 272 accts · $598K emplr
2022$13.6M · 258 accts · $548K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,807
Investment management$32,949
Total administrative$62,756
The Stecker Machine Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,321
Median for plans this size$2,416
2024$2,321 per active participant
2023$2,413 per active participant
2022$2,282 per active participant

Stecker Machine Co., Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,807
USI ADVISORS INC · Investment advisory (plan)$28,053

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$62,756 · 0.34%
2023$51,557 · 0.34%
2022$49,337 · 0.34%
Same employer
Similar plansManufacturing · Wisconsin
Systems, LLC WI$20.1M · 0.06%
Marine Travelift, Inc. WI$19.8M · 0.28%
A to Z Machine Co., Inc. WI$19.5M · 0.30%
Winsert LLC WI$19.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391630539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.