Plan Ledger DOL Form 5500 · updated monthly

My Choice Wisconsin, Inc.401(k)

MY CHOICE WISCONSIN 401(K) PLAN · WAUWATOSA, WI · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

My Choice Wisconsin, Inc. reported $173,742 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,400 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 478th-largest of 1,936 plans among Wisconsin employers on file, and the 2,182nd of 11,911 in health care & social assistance. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,459,682
Participants with balances1,611
Active participants1,006
Employer contributions$2,414,423
Employee contributions$4,326,342
Employer contribution per active participant$2,400
Average account balance$25,735
Benefits paid to participants$3,445,841
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.8M emplr
2022$41.5M · 1,611 accts · $2.4M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$119,955
Investment management$53,787
Total administrative$173,742
The My Choice Wisconsin, Inc. 401(k) match · 2022
Employer contribution per active participant$2,400
Median for plans this size$2,266

My Choice Wisconsin, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$173,742 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Bone & Joint Clinic, S.C. WI$44.6M · 0.31%
Hudson Physicians, Sc WI$42.8M · 0.20%
Prairie Ridge Health, Inc. WI$41.6M · 0.19%
Agrace Hospicecare WI$41.6M · 0.08%
Richland Hospital, Inc. WI$39.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811970070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.