Plan Ledger DOL Form 5500 · updated monthly

First Impressions, S.C.401(k)

FIRST IMPRESSIONS, S.C. 401K PROFIT SHARING PLAN · WAUSAU, WI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

First Impressions, S.C. reported $54,736 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $5,762 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 0.49% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 938th-largest of 1,936 plans among Wisconsin employers on file, and the 4,013th of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 79 to 96 since 2022.

Plan summary
Net assets, end of year$17,771,534
Participants with balances129
Active participants96
Employer contributions$553,134
Employee contributions$563,564
Employer contribution per active participant$5,762
Average account balance$137,764
Benefits paid to participants$375,535
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 129 accts · $553K emplr
2023$15.4M · 110 accts · $498K emplr
2022$12.9M · 108 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,948
Investment management$37,788
Total administrative$54,736
The First Impressions, S.C. 401(k) match · 2024
Employer contribution per active participant$5,762
Median for plans this size$2,416
2024$5,762 per active participant
2023$6,069 per active participant
2022$6,040 per active participant

First Impressions, S.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeepingindirect comp
NFP RETIREMENT · Accounting / audit · Consulting$45,389
EMPOWER ADVISORY GROUP LLC · Investment management$9,348

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$54,736 · 0.33%
2023$69,895 · 0.49%
2022$68,109 · 0.49%
Similar plansHealth Care & Social Assistance · Wisconsin
Cumberland Healthcare WI$18.7M · 0.37%
Spooner Health System, Inc. WI$18.0M · 0.42%
Management Select, LLC WI$17.7M · 0.23%
Independencefirst WI$17.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391825887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.