Plan Ledger DOL Form 5500 · updated monthly

The Manitowoc Company, Inc.401(k)

THE MANITOWOC COMPANY, INC. 401(K) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

The Manitowoc Company, Inc. reported $314,289 in plan administrative expenses for 2025: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,568 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 rose from 0.086% to 0.092%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 86th-largest of 1,936 plans among Wisconsin employers on file, and the 731st of 13,661 in manufacturing. In 2025, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$363,224,216
Participants with balances2,270
Active participants1,672
Employer contributions$5,965,342
Employee contributions$13,360,691
Employer contribution per active participant$3,568
Average account balance$160,011
Benefits paid to participants$30,337,650
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2025$363.2M · 2,270 accts · $6.0M emplr
2024$323.6M · 2,317 accts · $9.3M emplr
2023$296.1M · 2,306 accts · $8.7M emplr
2022$258.7M · 2,259 accts · $11.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$110,409
Investment management$63,511
Audit (IQPA)$26,045
Total administrative$314,289
The The Manitowoc Company, Inc. 401(k) match · 2025
Employer contribution per active participant$3,568
Median for plans this size$4,295
2025$3,568 per active participant
2024$5,307 per active participant
2023$5,057 per active participant
2022$7,137 per active participant

The Manitowoc Company, Inc.'s 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$110,505
MERCER INVESTMENT LLC · Investment advisory (plan)$65,363
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$63,511
MIDWEST SERIES OF LOCKTON COMPANIE · Other services$47,850
WIPFLI LLP · Accounting / audit$26,045

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

Administrative cost history4
2025$314,289 · 0.09%
2024$275,434 · 0.09%
2023$244,594 · 0.09%
2022$245,019 · 0.09%
Same employer
Similar plansManufacturing · Wisconsin
Promega Corporation WI$418.4M · 0.06%
Modine Manufacturing Company WI$407.5M · 0.12%
Sub-Zero Group, Inc. WI$382.0M · 0.03%
Zurn LLC WI$367.4M · 0.13%
Spectrum Brands, Inc. WI$350.0M · 0.17%
Rev Group, Inc. WI$349.6M · 0.13%
Generac Power Systems, Inc WI$343.6M · 0.14%
Brady Corporation WI$342.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390448110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.