Plan Ledger DOL Form 5500 · updated monthly

Herrschners, Inc.401(k)

HERRSCHNERS, INC. RETIREMENT SAVINGS PLAN · STEVENS POINT, WI · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Herrschners, Inc. reported $35,544 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $165 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 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,614th of 1,936), and 3,711th of 5,215 in retail trade. In 2024, employees put in $14.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,170,284
Participants with balances106
Active participants96
Employer contributions$15,792
Employee contributions$236,715
Employer contribution per active participant$165
Average account balance$48,776
Benefits paid to participants$328,845
Plan auditUnmodified (clean) audit opinion
AuditorKERBER ROSE
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 106 accts · $16K emplr
2023$4.7M · 107 accts · $18K emplr
2022$4.3M · 116 accts · $18K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,299
Investment management$34,245
Total administrative$35,544
The Herrschners, Inc. 401(k) match · 2024
Employer contribution per active participant$165
Median for plans this size$1,313
2024$165 per active participant
2023$203 per active participant
2022$178 per active participant

Herrschners, Inc.'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
ALERUS FINANCIAL, N.A. · Recordkeeping · Loan processing$35,594

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$35,544 · 0.72%
2023$33,799 · 0.75%
2022$34,815 · 0.75%
Same employer
Similar plansRetail Trade · Wisconsin
T & W Supermarket, Inc. WI$5.7M · 0.13%
Crest Cadillac, Inc. WI$5.6M · 0.45%
Hudson Ford LLC WI$5.6M · 0.51%
Miller and Sons, Inc. WI$4.9M · 0.64%
Marling Lumber Company WI$4.8M · 0.79%
Buechel Stone Corp. WI$4.7M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391747000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.