Minnesota Wire & Cable Co.401(k)

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

Minnesota Wire & Cable Co. reported $21,375 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $711 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 0.78% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,474th of 1,918), and 10,382nd of 13,661 in manufacturing. In 2024, employees put in $6.21 for every $1.00 the employer contributed; active participation has shrunk from 155 to 102 since 2022.