Plan Ledger DOL Form 5500 · updated monthly

McDonald Lumber Company, Inc.401(k)

MCDONALD LUMBER COMPANY, INC. 401(K) PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

McDonald Lumber Company, Inc. reported $38,114 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $2,530 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 0.86% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Wisconsin (1,585th of 1,936), and 1,461st of 2,096 in real estate & leasing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 135 to 184 since 2022.

Plan summary
Net assets, end of year$5,452,386
Participants with balances233
Active participants184
Employer contributions$465,501
Employee contributions$749,022
Employer contribution per active participant$2,530
Average account balance$23,401
Benefits paid to participants$788,009
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 233 accts · $466K emplr
2023$4.4M · 210 accts · $408K emplr
2022$2.9M · 163 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,114
Total administrative$38,114
The McDonald Lumber Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,530
Median for plans this size$1,313
2024$2,530 per active participant
2023$1,790 per active participant
2022$2,283 per active participant

McDonald Lumber Company, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHNSON BANK · Recordkeeping · Trustee$38,114

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

Recordkeeper by year2
2024JOHNSON BANK
2023JOHNSON BANK

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Administrative cost history3
2024$38,114 · 0.77%
2023$27,822 · 0.76%
2022$24,332 · 0.86%
Similar plansReal Estate & Leasing · Wisconsin
Msp Real Estate WI$5.7M · 1.03%
Pfefferle Companies, Inc. WI$5.4M · 0.84%
Uli Service LLC WI$5.2M · 0.93%
Decade Properties Inc WI$5.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390887990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.