Plan Ledger DOL Form 5500 · updated monthly

Schuler Shoes, Inc.401(k)

SCHULER SHOES, INC. 401(K) SAVINGS PLAN · MAPLE GROVE, MN · plan year 2025

Reported admin expense ratio · 2025
0.57%

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

Schuler Shoes, Inc. reported $100,254 in plan administrative expenses for 2025: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,619 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 4 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 933rd-largest of 1,918 plans among Minnesota employers on file, and the 1,557th of 5,215 in retail trade. In 2025, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 152 to 170 since 2022.

Plan summary
Net assets, end of year$18,793,895
Participants with balances229
Active participants170
Employer contributions$275,265
Employee contributions$777,370
Employer contribution per active participant$1,619
Average account balance$82,069
Benefits paid to participants$1,151,623
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$18.8M · 229 accts · $275K emplr
2024$16.5M · 228 accts · $340K emplr
2023$15.6M · 208 accts · $412K emplr
2022$13.7M · 194 accts · $405K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$30,122
Investment management$59,107
Audit (IQPA)$11,025
Total administrative$100,254
The Schuler Shoes, Inc. 401(k) match · 2025
Employer contribution per active participant$1,619
Median for plans this size$2,666
2025$1,619 per active participant
2024$2,035 per active participant
2023$2,678 per active participant
2022$2,665 per active participant

Schuler Shoes, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$49,282
CLIFTON LARSON ALLEN WEALTH ADVISOR · Accounting / audit$11,025
EMPOWER ADVISORY GROUP, LLC · Investment management$9,825

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

Administrative cost history4
2025$100,254 · 0.57%
2024$76,943 · 0.48%
2023$80,375 · 0.55%
2022$83,215 · 0.55%
Same employer
Similar plansRetail Trade · Minnesota
Buerkle Company MN$23.8M · 0.23%
Kowalski Companies, Inc. MN$19.9M · 0.01%
Innovative Office Solutions MN$18.7M · 0.33%
Stein Industries, Inc. MN$18.5M · 0.33%
Littfin Lumber Company MN$18.1M · 0.31%
Mackin Book Company MN$18.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410528210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.