Plan Ledger DOL Form 5500 · updated monthly

Midwest Communications, Inc.401(k)

MIDWEST COMMUNICATIONS, INC. 401(K) RETIREMENT · WAUSAU, WI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Midwest Communications, Inc. reported $80,005 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $245 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 rose from 0.39% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 878th-largest of 1,936 plans among Wisconsin employers on file, and the 1,042nd of 2,199 in information & media. In 2024, employees put in $11.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,420,736
Participants with balances347
Active participants480
Employer contributions$117,505
Employee contributions$1,328,325
Employer contribution per active participant$245
Average account balance$55,968
Benefits paid to participants$1,888,906
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 347 accts · $118K emplr
2023$17.3M · 338 accts · $80K emplr
2022$15.4M · 286 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,187
Investment management$1,318
Total administrative$80,005
The Midwest Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$2,416
2024$245 per active participant
2023$159 per active participant

Midwest Communications, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
HECK CAPITAL ADVISORS, LLCindirect comp

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

Administrative cost history3
2024$80,005 · 0.44%
2023$78,561 · 0.48%
2022$69,381 · 0.39%
Same employer
Similar plansInformation & Media · Wisconsin
Esker, Inc. WI$41.0M · 0.01%
Convergent Science Inc WI$21.4M · 0.01%
Royle Printing Company WI$18.0M · 0.37%
Kalmbach Media Co. WI$16.0M · 0.26%
Whitelight Group Inc. WI$13.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391151193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.