Plan Ledger DOL Form 5500 · updated monthly

Northwire, Inc.401(k)

NORTHWIRE, INC. 401(K) PLAN · OSCEOLA, WI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Northwire, Inc. reported $68,239 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,749 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 0.44% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,080th of 1,936), and 7,295th of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has shrunk from 206 to 158 since 2022.

Plan summary
Net assets, end of year$14,300,665
Participants with balances228
Active participants158
Employer contributions$276,410
Employee contributions$812,226
Employer contribution per active participant$1,749
Average account balance$62,722
Benefits paid to participants$2,314,545
Plan auditUnmodified (clean) audit opinion
AuditorBERGAN KDV, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 228 accts · $276K emplr
2023$13.7M · 253 accts · $283K emplr
2022$11.6M · 258 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,667
Investment management$35,572
Total administrative$68,239
The Northwire, Inc. 401(k) match · 2024
Employer contribution per active participant$1,749
Median for plans this size$2,416
2024$1,749 per active participant
2023$1,430 per active participant
2022$1,571 per active participant

Northwire, 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$35,572

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$68,239 · 0.49%
2023$55,957 · 0.44%
2022$55,063 · 0.44%
Same employer
Similar plansManufacturing · Wisconsin
Muza Metal Products, LLC WI$14.6M · 0.55%
Wisconsin Built, Inc. WI$14.5M · 0.43%
Fox Valley Metal Tech, Inc. WI$14.4M · 0.51%
Duratech Industries WI$14.3M · 0.11%
Wisconsin Built, Inc. WI$14.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391160795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.