Plan Snapshot
- Plan Sponsor: The Manitowoc Company, INC.
- Sponsor EIN: 390448110
- Sponsor Address: 11270 WEST PARK PLACE, MILWAUKEE, WI, 53224
- Plan Type: 401(k)
- Total Participants: 1,747
- Total Assets: $323.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,747 | $323.6M | $9.3M | $13.0M |
| 2023 | 1,720 | $296.1M | $8.7M | $11.8M |
| 2022 | 1,632 | $258.7M | $11.6M | $10.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $17,750 | — | $17,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,750
- Estimated Expense Ratio: 0.005% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $275,434 | $48,116 | $900 | $17,750 | — |
| 2023 | $244,594 | $106,650 | $300 | $16,600 | — |
| 2022 | $245,019 | $26,242 | — | — | — |