How much does Temperature Systems, Inc. contribute to its ESOP?

In 2022, employer contributions to the Temperature Systems, Inc. plan averaged $5,228 per active participant, above the $2,266 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Temperature Systems, Inc. 401(k)?

The average participant account balance was $427,481 for plan year 2022, based on 102 accounts.

Temperature Systems, Inc.ESOP

Name: Temperature Systems, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

TEMPERATURE SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MADISON, WI · plan year 2022

Employer contribution per participant · 2022

$5,228

Temperature Systems, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $43,603,018 across 102 participant accounts, with employer contributions averaging $5,228 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 460th-largest of 1,936 plans among Wisconsin employers on file, and the 951st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$43,603,018
Participants with balances102
Active participants67
Employer contributions$350,280
Employee contributions—
Employer contribution per active participant$5,228
Average account balance$427,481
Benefits paid to participants$7,168,567
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP

Plan history3

Yearassets · accounts · employer contribution

2024$37.7M · 105 accts · $544K emplr

2023$38.4M · 106 accts · $544K emplr

2022$43.6M · 102 accts · $350K emplr

Employer contributions to the Temperature Systems, Inc. plan · 2022

Employer contribution per active participant$5,228

Median for plans this size$2,266

2024$6,329 per active participant

2023$6,048 per active participant

2022$5,228 per active participant

Temperature Systems, Inc.'s 2022 employer contribution ran above the $2,266 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

TEMPERATURE SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

TEMPERATURE SYSTEMS, INC. 401(K) PLAN401(k)

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Source: U.S. Department of Labor, Form 5500 series, EIN 390763005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.