Plan Ledger DOL Form 5500 · updated monthly

Hsu's Ginseng Enterprises, Inc.401(k)

HSU'S GINSENG ENTERPRISES INC PROFIT-SHARING PLAN AND TRUST · WAUSAU, WI · plan year 2023

Reported admin expense ratio · 2023
1.39%

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

Hsu's Ginseng Enterprises, Inc. reported $18,204 in plan administrative expenses for 2023: 1.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 1.79% to 1.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,872nd of 1,936), and 4,114th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$1,336,357
Participants with balances89
Active participants88
Employer contributions$0
Employee contributions$40,154
Employer contribution per active participant$0
Average account balance$15,015
Benefits paid to participants$90,766
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 89 accts
2022$1.3M · 100 accts · $75K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,204
Total administrative$18,204
The Hsu's Ginseng Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Hsu's Ginseng Enterprises, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
WIPFLI LLP · Recordkeeping$18,204

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

Administrative cost history2
2023$18,204 · 1.39%
2022$22,835 · 1.79%
Similar plansWholesale Trade · Wisconsin
Geneva Supply, Inc. WI$3.5M · 0.19%
Albrecht Foods Inc WI$3.0M · 0.62%
Formrite Companies Inc WI$2.3M · 0.80%
Alaskan Auto Inc. AK$1.4M · 0.74%
Ddp Pharmacy, Inc. NC$1.3M · 2.18%
Clark Oil Co., Inc. MS$1.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391385498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.