Plan Ledger DOL Form 5500 · updated monthly

Clark Business Solutions, LLC401(k)

CULVER'S 401(K) PLAN · RHINELANDER, WI · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Clark Business Solutions, LLC reported $7,305 in plan administrative expenses for 2024: 0.82% of average plan assets, below the peer median. Employer contributions averaged $307 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 rose from 0.75% to 0.82%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Wisconsin (1,889th of 1,936), and 1,696th of 2,240 in accommodation & food services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,111,293
Participants with balances295
Active participants420
Employer contributions$128,740
Employee contributions$251,979
Employer contribution per active participant$307
Average account balance$3,767
Benefits paid to participants$40,841
Plan auditUnmodified (clean) audit opinion
AuditorMBE CPAS, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.1M · 295 accts · $129K emplr
2022$222K · 37 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,414
Investment management$4,891
Total administrative$7,305
The Clark Business Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$307
Median for plans this size$540
2024$307 per active participant
2022$201 per active participant

Clark Business Solutions, LLC's 2024 employer contribution ran below the $540 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 · 20244
HECK CAPITAL ADVISORS LLC · Investment advisory (plan)$2,982
EMPOWER ANNUITY INSURANCE COMPANY · Investment advisory (plan)$2,134
EMPOWER ADVISORY GROUP, LLC · Investment management$1,909
PREMIER RETIREMENTT PARTNERS LLC · Contract administrator$280

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

Administrative cost history2
2024$7,305 · 0.82%
2022$1,288 · 0.75%
Same employer
Similar plansAccommodation & Food Services · Wisconsin
Chula Vista, Inc. WI$1.5M · 1.16%
Roaring Fork LLC WI$1.2M · 1.60%
Idm Group, LLC WI$1.2M · 0.13%
Pablo Management LLC WI$1.1M · 1.19%
Buddy Bells, Inc. WI$36K · 8.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811265837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.