Plan Ledger DOL Form 5500 · updated monthly

Steinhafels Inc.401(k)

STEINHAFELS INC. PROFIT SHARING 401(K) PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Steinhafels Inc. reported $159,395 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $420 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 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 408th-largest of 1,936 plans among Wisconsin employers on file, and the 637th of 5,215 in retail trade. In 2024, employees put in $12.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,605,996
Participants with balances799
Active participants599
Employer contributions$251,413
Employee contributions$3,118,518
Employer contribution per active participant$420
Average account balance$64,588
Benefits paid to participants$5,667,785
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$51.6M · 799 accts · $251K emplr
2023$48.0M · 954 accts · $361K emplr
2022$42.5M · 952 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,441
Investment management$36,954
Total administrative$159,395
The Steinhafels Inc. 401(k) match · 2024
Employer contribution per active participant$420
Median for plans this size$2,416
2024$420 per active participant
2023$605 per active participant
2022$536 per active participant

Steinhafels Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$122,441
OLD NATIONAL BANK · Investment advisory (plan)$24,585
1834 INVESTMENT ADVISORS CO. · Investment advisory (plan)$12,369
WILSHIRE ADVISORS 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$159,395 · 0.32%
2023$101,492 · 0.22%
2022$90,182 · 0.22%
Same employer
Similar plansRetail Trade · Wisconsin
Bauer Built, Inc. WI$83.1M · 0.28%
Wall Family Enterprise Inc. WI$77.1M · 0.24%
Complete Office, LLC WI$73.9M · 0.02%
Csm Companies, Inc WI$61.4M · 0.25%
The Boucher Group, Inc. WI$50.3M · 0.05%
Shoptikal WI$46.0M · 0.07%
Duluth Holdings Inc. WI$44.3M · 0.43%
Batteries Plus, LLC WI$41.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390975161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.