Plan Ledger DOL Form 5500 · updated monthly

Saelens Corporation401(k)

SAELENS CORPORATION 401(K) SAVINGS PLAN · JOHNSON CREEK, WI · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Saelens Corporation reported $55,761 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $354 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 0.57% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,352nd of 1,936), and 6,085th of 11,911 in health care & social assistance. In 2024, employees put in $8.71 for every $1.00 the employer contributed; active participation has grown from 148 to 183 since 2022.

Plan summary
Net assets, end of year$8,920,583
Participants with balances173
Active participants183
Employer contributions$64,779
Employee contributions$564,175
Employer contribution per active participant$354
Average account balance$51,564
Benefits paid to participants$463,800
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 173 accts · $65K emplr
2023$7.7M · 185 accts · $44K emplr
2022$7.6M · 240 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,071
Investment management$25,690
Audit (IQPA)$10,000
Total administrative$55,761
The Saelens Corporation 401(k) match · 2024
Employer contribution per active participant$354
Median for plans this size$1,313
2024$354 per active participant
2023$247 per active participant
2022$335 per active participant

Saelens Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$25,690
WIPFLI LLP · Accounting / audit$10,000

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$55,761 · 0.67%
2023$51,866 · 0.68%
2022$54,701 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Hegg Memorial Health Center WI$10.0M · 0.73%
Newcap, Inc. WI$9.5M · 0.01%
Cap Services, Inc. WI$8.7M · 0.69%
Mj Care, Inc. WI$8.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391205830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.