Plan Ledger DOL Form 5500 · updated monthly

Great Northern Corporation401(k)

GREAT NORTHERN CORPORATION RETIREMENT SAVINGS PLAN · APPLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Great Northern Corporation reported $136,830 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $10,427 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 93rd-largest of 1,936 plans among Wisconsin employers on file, and the 777th of 13,661 in manufacturing. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$340,751,350
Participants with balances1,558
Active participants1,366
Employer contributions$14,243,479
Employee contributions$8,354,039
Employer contribution per active participant$10,427
Average account balance$218,711
Benefits paid to participants$28,989,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$340.8M · 1,558 accts · $14.2M emplr
2023$305.4M · 1,533 accts · $13.2M emplr
2022$264.9M · 1,541 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,830
Total administrative$136,830
The Great Northern Corporation 401(k) match · 2024
Employer contribution per active participant$10,427
Median for plans this size$4,294
2024$10,427 per active participant
2023$9,875 per active participant
2022$9,046 per active participant

Great Northern Corporation's 2024 employer contribution ran above the $4,294 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$136,830

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

Administrative cost history3
2024$136,830 · 0.04%
2023$130,399 · 0.05%
2022$138,463 · 0.05%
All plans at this employer2
GREAT NORTHERN CORPORATION RETIREMENT SAVINGS PLAN401(k)
APPLETON UNION EMPLOYEES' 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Wisconsin
Spectrum Brands, Inc. WI$350.0M · 0.17%
Rev Group, Inc. WI$349.6M · 0.13%
Generac Power Systems, Inc WI$343.6M · 0.14%
Brady Corporation WI$342.4M · 0.07%
Johnsonville, LLC WI$339.6M · 0.18%
Clarios, LLC WI$333.6M · 0.22%
Green Bay Packaging, Inc. WI$319.9M · 0.01%
Hatco Corporation WI$304.0M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 390990697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.