Plan Snapshot
- Plan Sponsor: The Manitowoc Company, INC.
- Sponsor EIN: 390448110
- Sponsor Address: 11270 WEST PARK PLACE, MILWAUKEE, WI, 53224
- Plan Type: DB
- Total Participants: 242
- Total Assets: $85.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 242 | $85.0M | $2.6M | $0 |
| 2023 | 251 | $86.7M | $4.4M | $0 |
| 2022 | 272 | $82.3M | $0 | $0 |
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 | $16,000 | — | $16,000 |
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: $16,000
- Estimated Expense Ratio: 0.019% 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 | $1,632,972 | $319,034 | $14,500 | $16,000 | — |
| 2023 | $1,894,484 | $322,384 | $8,500 | $28,500 | — |
| 2022 | $1,814,698 | $389,891 | $46,101 | — | $259,154 |