Plan Ledger DOL Form 5500 · updated monthly

Sussex Im, Inc.401(k)

SUSSEX IM 401(K) PLAN · SUSSEX, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Sussex Im, Inc. reported $65,437 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,743 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 0.06% to 0.17%. 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 496th-largest of 1,936 plans among Wisconsin employers on file, and the 3,717th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 276 to 221 since 2022.

Plan summary
Net assets, end of year$39,531,080
Participants with balances306
Active participants221
Employer contributions$606,162
Employee contributions$1,039,611
Employer contribution per active participant$2,743
Average account balance$129,187
Benefits paid to participants$5,935,908
Plan auditUnmodified (clean) audit opinion
AuditorQBCO ASSURANCE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 306 accts · $606K emplr
2023$38.1M · 362 accts · $630K emplr
2022$34.1M · 518 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,801
Investment management$16,567
Total administrative$65,437
The Sussex Im, Inc. 401(k) match · 2024
Employer contribution per active participant$2,743
Median for plans this size$2,416
2024$2,743 per active participant
2023$2,592 per active participant
2022$1,933 per active participant

Sussex Im, Inc.'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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$16,567
ENVESTNET RETIREMENT SOLUTIONS, LLC$15,059

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$65,437 · 0.17%
2023$25,485 · 0.07%
2022$25,129 · 0.06%
Same employer
Similar plansManufacturing · Wisconsin
Sartori Company WI$40.7M · 0.31%
Sterling Products, Inc. WI$40.7M · 0.37%
Team Industries, Inc. WI$40.5M · 0.24%
Fisher-Barton Inc. WI$40.0M · 0.45%
Merrill Iron & Steel, Inc. WI$39.2M · 0.32%
Palermo Villa, Inc. WI$38.9M · 0.41%
Hentzen Coatings, Inc. WI$38.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900508625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.