Plan Ledger DOL Form 5500 · updated monthly

Total Mechanical, Inc.401(k)

TOTAL MECHANICAL 401(K) RETIREMENT PLAN · PEWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Total Mechanical, Inc. reported $61,788 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $849 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 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 952nd-largest of 1,936 plans among Wisconsin employers on file, and 275th of 412 in utilities. In 2024, employees put in $8.14 for every $1.00 the employer contributed; active participation has shrunk from 264 to 139 since 2022.

Plan summary
Net assets, end of year$17,459,790
Participants with balances174
Active participants139
Employer contributions$118,060
Employee contributions$961,242
Employer contribution per active participant$849
Average account balance$100,344
Benefits paid to participants$745,065
Plan auditUnmodified (clean) audit opinion
AuditorREILLY, PENNER, BENTON
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 174 accts · $118K emplr
2023$14.8M · 159 accts · $94K emplr
2022$12.2M · 299 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,390
Investment management$57,398
Total administrative$61,788
The Total Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$849
Median for plans this size$2,416
2024$849 per active participant
2023$304 per active participant
2022$275 per active participant

Total Mechanical, 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$61,788

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,788 · 0.38%
2023$53,446 · 0.40%
2022$54,328 · 0.39%
Similar plansUtilities · Wisconsin
Atc Management Inc WI$206.4M · 0.08%
Ecm Industries, LLC WI$48.0M · 0.25%
Retif Oil & Fuel, LLC LA$19.3M · 0.31%
MP2 Energy LLC TX$18.8M · 0.22%
Reliant Holdings, LTD. TX$18.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391092230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.