Plan Ledger DOL Form 5500 · updated monthly

Macdonald & Owen Veneer & Lumber Co., Inc.401(k)

MACDONALD & OWEN VENEER & LUMBER CO., INC. PROFIT SHARING PLAN · WEST SALEM, WI · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Macdonald & Owen Veneer & Lumber Co., Inc. reported $61,271 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,116 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 0.52% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,058th of 1,936), and 2,388th of 4,246 in wholesale trade. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,795,144
Participants with balances156
Active participants162
Employer contributions$504,792
Employee contributions$713,516
Employer contribution per active participant$3,116
Average account balance$94,841
Benefits paid to participants$398,208
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 156 accts · $505K emplr
2023$12.6M · 162 accts · $424K emplr
2022$10.3M · 167 accts · $410K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,442
Investment management$28,322
Trustee / custodial$507
Total administrative$61,271
The Macdonald & Owen Veneer & Lumber Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,116
Median for plans this size$2,416
2024$3,116 per active participant
2023$2,280 per active participant
2022$2,329 per active participant

Macdonald & Owen Veneer & Lumber Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
WIPFLI LLP · Plan administrator · Recordkeeping$32,442
ORGEL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$28,322

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

Recordkeeper by year2
2024WIPFLI LLP
2023WIPFLI LLP

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Administrative cost history3
2024$61,271 · 0.45%
2023$59,431 · 0.52%
2022$55,160 · 0.52%
Same employer
Similar plansWholesale Trade · Wisconsin
Halron Lubricants Inc. WI$15.3M · 0.33%
Marsh Electronics, Inc. WI$15.1M · 0.41%
Winona Foods Inc. WI$15.0M · 0.40%
Bills Distributing, LTD. WI$14.9M · 0.29%
Badger Corrugating Company WI$14.1M · 0.34%
Icafe, Inc WI$13.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410964059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.