Plan Ledger DOL Form 5500 · updated monthly

Steinwall Incorporated401(k)

STEINWALL, INC. RETIREMENT SAVINGS PLAN · COON RAPIDS, MN · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Steinwall Incorporated reported $24,517 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $388 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,709th of 1,918), and 12,182nd of 13,661 in manufacturing. In 2022, employees put in $5.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,177,116
Participants with balances95
Active participants113
Employer contributions$43,808
Employee contributions$234,456
Employer contribution per active participant$388
Average account balance$33,443
Benefits paid to participants$73,504
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD.
Administrative expenses, itemized · 2022
Professional / advisory$24,517
Total administrative$24,517
The Steinwall Incorporated 401(k) match · 2022
Employer contribution per active participant$388
Median for plans this size$1,114

Steinwall Incorporated's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$24,517 · 0.73%
Same employer
Similar plansManufacturing · Minnesota
Voyager Industries, Inc. MN$3.3M · 0.99%
Premier Marine LLC MN$3.2M · 1.63%
Erdman Automation, Inc. MN$3.0M · 0.89%
Invest Cast Incorporated MN$2.8M · 0.23%
G.O. Fresh, Inc. MN$2.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410883655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.