Plan Ledger DOL Form 5500 · updated monthly

Tenere Inc401(k)

TENERE INC. 401(K) RETIREMENT PLAN · OSCEOLA, WI · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Tenere Inc reported $123,305 in plan administrative expenses for 2023: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,862 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 1 year on file its reported administrative ratio rose from 0.54% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 902nd-largest of 1,936 plans among Wisconsin employers on file, and the 6,169th of 13,661 in manufacturing. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,778,000
Participants with balances567
Active participants409
Employer contributions$761,393
Employee contributions$1,694,814
Employer contribution per active participant$1,862
Average account balance$33,118
Benefits paid to participants$4,257,838
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$18.8M · 567 accts · $761K emplr
2022$17.8M · 537 accts · $679K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$71,059
Investment management$52,246
Total administrative$123,305
The Tenere Inc 401(k) match · 2023
Employer contribution per active participant$1,862
Median for plans this size$2,440
2023$1,862 per active participant
2022$1,664 per active participant

Tenere Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$71,060
MORGAN STANLEY GLOBAL · Investment advisory (plan)$52,246

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

Administrative cost history2
2023$123,305 · 0.67%
2022$105,223 · 0.54%
Same employer
Similar plansManufacturing · Wisconsin
N.E.W. Plastics Corp. WI$19.0M · 0.47%
Allied Plastics, Inc. WI$18.7M · 0.67%
Marion Body Works, Inc. WI$18.7M · 0.41%
Madison One Holdings, LLC WI$18.4M · 0.02%
Nolato Contour Inc WI$18.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411784931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.