Plan Ledger DOL Form 5500 · updated monthly

Elderspan Management, LLC401(k)

ELDERSPAN MANAGEMENT, LLC PROFIT SHARING PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Elderspan Management, LLC reported $57,342 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $531 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 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,440th of 1,936), and 6,581st of 11,911 in health care & social assistance. In 2024, employees put in $4.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,693,856
Participants with balances308
Active participants263
Employer contributions$139,616
Employee contributions$653,166
Employer contribution per active participant$531
Average account balance$24,980
Benefits paid to participants$805,034
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPA'S, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 308 accts · $140K emplr
2023$6.8M · 274 accts · $125K emplr
2022$5.7M · 290 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,731
Investment management$21,611
Total administrative$57,342
The Elderspan Management, LLC 401(k) match · 2024
Employer contribution per active participant$531
Median for plans this size$1,313
2024$531 per active participant
2023$465 per active participant
2022$399 per active participant

Elderspan Management, LLC's 2024 employer contribution ran below the $1,313 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
MAP RETIREMENT, INC. · Recordkeeping · Investment management$1,410

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

Recordkeeper by year2
2024MAP RETIREMENT, INC.
2023MAP RETIREMENT, INC.

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

Administrative cost history3
2024$57,342 · 0.79%
2023$55,594 · 0.89%
2022$47,615 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Family Health/La Clinica WI$7.7M · 0.78%
Avanti Health Systems WI$7.2M · 0.63%
Wcsc Holdings, LLC. WI$6.7M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391814432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.