Plan Ledger DOL Form 5500 · updated monthly

New Horizons Supply Cooperative401(k)

CO-OP 401(K) PLAN · FENNIMORE, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

New Horizons Supply Cooperative reported $34,506 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,887 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 0.44% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,348th of 1,936), and 2,842nd of 5,215 in retail trade. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,981,872
Participants with balances142
Active participants88
Employer contributions$254,056
Employee contributions$223,224
Employer contribution per active participant$2,887
Average account balance$63,253
Benefits paid to participants$784,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 142 accts · $254K emplr
2023$8.1M · 138 accts · $254K emplr
2022$6.7M · 137 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,346
Total administrative$34,506
The New Horizons Supply Cooperative 401(k) match · 2024
Employer contribution per active participant$2,887
Median for plans this size$1,313
2024$2,887 per active participant
2023$2,882 per active participant
2022$2,619 per active participant

New Horizons Supply Cooperative's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MILLIMAN, INC. · Recordkeeping · Loan processing$28,113

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$34,506 · 0.40%
2023$33,719 · 0.46%
2022$33,884 · 0.44%
Similar plansRetail Trade · Wisconsin
Bodies by Brenengen WI$9.1M · 0.53%
O&H Danish Bakery Inc WI$9.1M · 0.49%
Brickner Motors, Inc. WI$8.7M · 0.32%
Service Motor Company WI$8.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391663129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.