Plan Ledger DOL Form 5500 · updated monthly

Ray Wiegand Nursery, Inc.403(b)

RAY WIEGAND'S NURSERY, INC. 401(K) PROFIT SHARING PLAN · MACOMB, MI · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Ray Wiegand Nursery, Inc. reported $18,004 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $593 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Michigan (1,838th of 2,619), and 574th of 945 in agriculture, forestry & fishing. In 2022, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,547,932
Participants with balances94
Active participants178
Employer contributions$105,616
Employee contributions$429,345
Employer contribution per active participant$593
Average account balance$69,659
Benefits paid to participants$323,195
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM, & DOOLING, LLP
Administrative expenses, itemized · 2022
Professional / advisory$17,404
Total administrative$18,004
The Ray Wiegand Nursery, Inc. 401(k) match · 2022
Employer contribution per active participant$593
Median for plans this size$1,114

Ray Wiegand Nursery, Inc.'s 2022 employer contribution ran below the $1,114 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 history1
2022$18,004 · 0.26%
Similar plansAgriculture, Forestry & Fishing · Michigan
Bordine Nursery LTD MI$9.1M · 0.50%
Bloem LLC MI$4.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381884640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.