Plan Ledger DOL Form 5500 · updated monthly

Teel Plastics, Inc.401(k)

TEEL PLASTICS PROFIT SHARING/RETIREMENT SAVINGS PLAN · BARABOO, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Teel Plastics, Inc. reported $102,405 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,219 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 0.42%. 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 700th-largest of 1,936 plans among Wisconsin employers on file, and the 4,912th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 372 to 457 since 2022.

Plan summary
Net assets, end of year$26,603,154
Participants with balances569
Active participants457
Employer contributions$1,014,148
Employee contributions$2,014,096
Employer contribution per active participant$2,219
Average account balance$46,754
Benefits paid to participants$1,260,197
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 569 accts · $1.0M emplr
2023$21.7M · 495 accts · $1.0M emplr
2022$17.0M · 416 accts · $797K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,269
Investment management$30,136
Total administrative$102,405
The Teel Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,219
Median for plans this size$2,416
2024$2,219 per active participant
2023$2,621 per active participant
2022$2,144 per active participant

Teel Plastics, Inc.'s 2024 employer contribution ran below 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$72,268
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$102,405 · 0.42%
2023$54,752 · 0.28%
2022$70,206 · 0.39%
Same employer
Similar plansManufacturing · Wisconsin
Exacto Spring Corp. WI$27.1M · 0.60%
Onetouchpoint Holdings, LLC WI$27.1M · 0.46%
Exponential Power, Inc. WI$27.0M · 0.52%
Regal Ware, Inc. WI$26.7M · 0.23%
Shine Technologies, LLC WI$26.5M · 0.56%
Imperial Industries, Inc. WI$26.5M · 0.19%
Strohwig Industries, Inc. WI$26.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390817249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.