Plan Ledger DOL Form 5500 · updated monthly

Torginol, Inc.401(k)

TORGINOL, INC. PROFIT SHARING 401(K) SAVINGS PLAN · SHEBOYGAN, WI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Torginol, Inc. reported $30,082 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $701 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 fell from 0.64% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,584th of 1,936), and 10,966th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 142 to 379 since 2022.

Plan summary
Net assets, end of year$5,454,159
Participants with balances158
Active participants379
Employer contributions$265,751
Employee contributions$682,457
Employer contribution per active participant$701
Average account balance$34,520
Benefits paid to participants$486,414
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 158 accts · $266K emplr
2023$4.5M · 122 accts · $94K emplr
2022$3.7M · 112 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,775
Investment management$22,307
Total administrative$30,082
The Torginol, Inc. 401(k) match · 2024
Employer contribution per active participant$701
Median for plans this size$1,313
2024$701 per active participant
2023$305 per active participant
2022$552 per active participant

Torginol, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$22,307

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$30,082 · 0.61%
2023$24,996 · 0.61%
2022$23,307 · 0.64%
Same employer
Similar plansManufacturing · Wisconsin
Htt, Inc. WI$5.6M · 0.68%
Go Macro, LLC WI$5.5M · 0.59%
Bc Purchasing Company WI$5.4M · 0.14%
Tclad Inc. WI$5.4M · 1.50%
E-S Plastic Products, LLC WI$5.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391101484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.