Plan Ledger DOL Form 5500 · updated monthly

Musson Bros., Inc.401(k)

MUSSON BROS., INC. 401(K) RETIREMENT PLAN · RHINELANDER, WI · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Musson Bros., Inc. reported $64,542 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,754 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 0.42% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,176th of 1,936), and 2,802nd of 5,337 in construction. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,055,301
Participants with balances150
Active participants172
Employer contributions$301,668
Employee contributions$566,690
Employer contribution per active participant$1,754
Average account balance$80,369
Benefits paid to participants$791,270
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSE SC
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 150 accts · $302K emplr
2023$11.3M · 154 accts · $288K emplr
2022$9.4M · 133 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,373
Investment management$39,169
Audit (IQPA)$8,000
Total administrative$64,542
The Musson Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$1,754
Median for plans this size$2,416
2024$1,754 per active participant
2023$1,667 per active participant
2022$1,282 per active participant

Musson Bros., Inc.'s 2024 employer contribution ran below 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 · 20243
WIPFLI LLP · Recordkeeping · Loan processing$16,483
CREATIVE PLANNING, LLC · Investment advisory (participants) · Investment advisory (plan)$38,387
KERBERROSE S.C. · Accounting / audit$8,000

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,542 · 0.55%
2023$51,336 · 0.50%
2022$41,537 · 0.42%
Similar plansConstruction · Wisconsin
Cost of Wisconsin, Inc. WI$13.7M · 0.40%
Holton Brothers, Inc. WI$12.5M · 0.37%
Deleers Construction, Inc. WI$11.7M · 0.60%
Allan Gerke & Sons, Inc. WI$11.5M · 0.62%
Neumann Developments, Inc. WI$11.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390880737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.