Plan Ledger DOL Form 5500 · updated monthly

Tclad Inc.401(k)

TCLAD INC. 401(K) PLAN · PRESCOTT, WI · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Tclad Inc. reported $71,512 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,111 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 0.39% to 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,597th of 1,936), and 11,015th of 13,661 in manufacturing. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has shrunk from 215 to 171 since 2022.

Plan summary
Net assets, end of year$5,364,600
Participants with balances210
Active participants171
Employer contributions$531,902
Employee contributions$749,245
Employer contribution per active participant$3,111
Average account balance$25,546
Benefits paid to participants$628,028
Plan auditUnmodified (clean) audit opinion
AuditorLETHERT, SKWIRA, SCHULTZ & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 210 accts · $532K emplr
2023$4.2M · 298 accts · $558K emplr
2022$3.4M · 301 accts · $647K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,462
Total administrative$71,512
The Tclad Inc. 401(k) match · 2024
Employer contribution per active participant$3,111
Median for plans this size$1,313
2024$3,111 per active participant
2023$2,776 per active participant
2022$3,009 per active participant

Tclad Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
CBIZ BENEFITS & INSURANCE SERVICES · Other servicesindirect 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$71,512 · 1.50%
2023$22,451 · 0.59%
2022$11,075 · 0.39%
Same employer
Similar plansManufacturing · Wisconsin
Torginol, Inc. WI$5.5M · 0.61%
Bc Purchasing Company WI$5.4M · 0.14%
E-S Plastic Products, LLC WI$5.4M · 0.21%
Triple P, Inc. WI$5.3M · 0.61%
Alliance Industries, Inc. WI$5.3M · 0.62%
Fna Group Inc WI$5.3M · 0.90%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 852820801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.