Plan Ledger DOL Form 5500 · updated monthly

Zurn LLC401(k)

ZURN 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Zurn LLC reported $445,933 in plan administrative expenses for 2024: 0.13% of average plan assets, above the peer median. Employer contributions averaged $2,599 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 0.17% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 85th-largest of 1,936 plans among Wisconsin employers on file, and the 724th of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$367,394,870
Participants with balances3,322
Active participants1,777
Employer contributions$4,619,277
Employee contributions$14,075,158
Employer contribution per active participant$2,599
Average account balance$110,594
Benefits paid to participants$38,869,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$367.4M · 3,322 accts · $4.6M emplr
2023$339.2M · 3,508 accts · $5.1M emplr
2022$201.4M · 2,117 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$334,252
Investment management$86,463
Audit (IQPA)$25,218
Total administrative$445,933
The Zurn LLC 401(k) match · 2024
Employer contribution per active participant$2,599
Median for plans this size$4,294
2024$2,599 per active participant
2023$2,871 per active participant
2022$849 per active participant

Zurn LLC's 2024 employer contribution ran below the $4,294 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$362,377
CAPITAL STRATEGIES INVES · Investment advisory (plan)$74,962
RUBINBROWN LLP · Accounting / audit · Investment advisory (plan)$35,100

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$445,933 · 0.13%
2023$488,877 · 0.18%
2022$391,642 · 0.17%
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%
The Manitowoc Company, Inc. WI$363.2M · 0.09%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043722228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.