Plan Ledger DOL Form 5500 · updated monthly

Steel-Craft Corp. of Hartford401(k)

STEEL-CRAFT CORP. OF HARTFORD EMPLOYEES' 401(K) PROFIT-SHARING PLAN · HARTFORD, 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

Steel-Craft Corp. of Hartford reported $94,550 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,729 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 0.36% to 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 728th-largest of 1,936 plans among Wisconsin employers on file, and the 5,094th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 584 to 510 since 2022.

Plan summary
Net assets, end of year$25,180,202
Participants with balances596
Active participants510
Employer contributions$1,391,999
Employee contributions$2,758,591
Employer contribution per active participant$2,729
Average account balance$42,249
Benefits paid to participants$4,058,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 596 accts · $1.4M emplr
2023$21.7M · 759 accts · $1.2M emplr
2022$18.3M · 494 accts · $530K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,550
Total administrative$94,550
The Steel-Craft Corp. of Hartford 401(k) match · 2024
Employer contribution per active participant$2,729
Median for plans this size$2,416
2024$2,729 per active participant
2023$1,735 per active participant
2022$908 per active participant

Steel-Craft Corp. of Hartford's 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$94,029
CLA · Accounting / auditindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)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$94,550 · 0.40%
2023$73,400 · 0.37%
2022$72,838 · 0.36%
Similar plansManufacturing · Wisconsin
Enercon Industries, Inc. WI$26.1M · 0.19%
Primex Inc. WI$25.7M · 0.19%
R&L Spring Company WI$25.7M · 0.28%
Share Corporation WI$25.6M · 0.27%
Corporate Group, Inc. WI$24.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391235866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.