Plan Ledger DOL Form 5500 · updated monthly

Weinig Holz-Her USA, Inc.401(k)

MICHAEL WEINIG, INC. 401(K) PROFIT SHARING PLAN · MOORESVILLE, NC · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Weinig Holz-Her USA, Inc. reported $25,436 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,356 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 has held roughly steady near 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 765th-largest of 2,005 plans among North Carolina employers on file, and the 1,982nd of 4,246 in wholesale trade. In 2023, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,977,257
Participants with balances207
Active participants168
Employer contributions$563,843
Employee contributions$1,201,782
Employer contribution per active participant$3,356
Average account balance$91,678
Benefits paid to participants$2,010,330
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN STARNES & ASSOCIATES, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$19.0M · 207 accts · $564K emplr
2022$16.4M · 189 accts · $532K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,436
Total administrative$25,436
The Weinig Holz-Her USA, Inc. 401(k) match · 2023
Employer contribution per active participant$3,356
Median for plans this size$2,440
2023$3,356 per active participant
2022$3,497 per active participant

Weinig Holz-Her USA, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,436

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$25,436 · 0.14%
2022$25,688 · 0.15%
Similar plansWholesale Trade · North Carolina
Patterson Pope, Inc NC$21.0M · 0.35%
Weinig Holz-Her USA, Inc. NC$19.8M · 0.14%
Rhino Assembly Company, LLC NC$19.2M · 0.40%
Minges Bottling Group, Inc. NC$17.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561878980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.