Plan Ledger DOL Form 5500 · updated monthly

The Bruce Company of Wisconsin, Inc.401(k)

THE BRUCE COMPANY OF WISCONSIN, INC. PROFIT SHARING AND SAVINGS PLAN · MIDDLETON, 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

The Bruce Company of Wisconsin, Inc. reported $87,411 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $538 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 812th-largest of 1,936 plans among Wisconsin employers on file, and the 1,902nd of 5,337 in construction. In 2024, employees put in $3.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,803,294
Participants with balances251
Active participants250
Employer contributions$134,496
Employee contributions$505,412
Employer contribution per active participant$538
Average account balance$86,866
Benefits paid to participants$2,149,113
Plan auditUnmodified (clean) audit opinion
AuditorSVA
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 251 accts · $134K emplr
2023$20.0M · 230 accts · $122K emplr
2022$17.1M · 233 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,903
Investment management$40,758
Audit (IQPA)$11,750
Total administrative$87,411
The The Bruce Company of Wisconsin, Inc. 401(k) match · 2024
Employer contribution per active participant$538
Median for plans this size$2,416
2024$538 per active participant
2023$647 per active participant
2022$479 per active participant

The Bruce Company of Wisconsin, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$40,758
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,903
SVA CERTIFIED PUBLIC · Accounting / audit$11,750

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$87,411 · 0.42%
2023$77,330 · 0.42%
2022$80,267 · 0.41%
Same employer
Similar plansConstruction · Wisconsin
Pitlik & Wick, Inc. WI$22.9M · 0.33%
Staff Electric Company Inc WI$22.3M · 0.39%
Glenn Rieder, LLC WI$19.6M · 0.46%
Cleary Building Corp. WI$19.3M · 0.68%
Kraemer Brothers, LLC WI$18.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390904663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.