Plan Ledger DOL Form 5500 · updated monthly

Simko Support Center LLC401(k)

SIMKO SUPPORT CENTER LLC 401(K) PROFIT SHARING PLAN · EAU CLAIRE, WI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Simko Support Center LLC reported $105,506 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,857 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 0.77% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 852nd-largest of 1,936 plans among Wisconsin employers on file, and the 3,660th of 11,911 in health care & social assistance. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 311 to 408 since 2022.

Plan summary
Net assets, end of year$20,309,139
Participants with balances403
Active participants408
Employer contributions$757,713
Employee contributions$1,885,040
Employer contribution per active participant$1,857
Average account balance$50,395
Benefits paid to participants$1,748,081
Plan auditUnmodified (clean) audit opinion
AuditorDS&B, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 403 accts · $758K emplr
2023$15.0M · 399 accts · $603K emplr
2022$11.1M · 382 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,856
Investment management$45,911
Trustee / custodial$739
Total administrative$105,506
The Simko Support Center LLC 401(k) match · 2024
Employer contribution per active participant$1,857
Median for plans this size$2,416
2024$1,857 per active participant
2023$1,419 per active participant
2022$1,783 per active participant

Simko Support Center LLC'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
WIPFLI LLP · Plan administrator · Recordkeeping$59,056
ORGEL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$45,911

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

Recordkeeper by year2
2024WIPFLI LLP
2023WIPFLI LLP

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

Administrative cost history3
2024$105,506 · 0.60%
2023$93,008 · 0.71%
2022$85,492 · 0.77%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Green Bay Oncology, LTD WI$23.0M · 0.22%
Bell Ambulance, Inc. WI$21.1M · 0.01%
Associated Physicians, LLP WI$20.2M · 0.27%
United Community Center WI$19.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813450427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.