Plan Ledger DOL Form 5500 · updated monthly

Software One, Inc.401(k)

SOFTWARE ONE, INC. 401(K) PROFIT SHARING PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Software One, Inc. reported $159,868 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $5,269 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 0.40% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 412th-largest of 1,936 plans among Wisconsin employers on file, and the 2,720th of 11,654 in professional & technical services. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,010,750
Participants with balances598
Active participants396
Employer contributions$2,086,715
Employee contributions$5,221,895
Employer contribution per active participant$5,269
Average account balance$85,302
Benefits paid to participants$7,575,966
Plan auditUnmodified (clean) audit opinion
AuditorLUCIDA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$51.0M · 598 accts · $2.1M emplr
2023$44.2M · 566 accts · $1.9M emplr
2022$33.3M · 479 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,330
Investment management$74,538
Total administrative$159,868
The Software One, Inc. 401(k) match · 2024
Employer contribution per active participant$5,269
Median for plans this size$2,416
2024$5,269 per active participant
2023$4,490 per active participant
2022$4,702 per active participant

Software One, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
DENALI WEALTH MANAGEMENT · Investment advisory (plan)$75,868
BLUE CHIP RETIREMENT PLANS · Contract administrator$17,697

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$159,868 · 0.34%
2023$130,316 · 0.34%
2022$142,279 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Ruder Ware, L.L.S.C. WI$58.5M · 0.33%
R.A. Smith, Inc. WI$55.9M · 0.20%
Davis & Kuelthau, S.C. WI$53.9M · 0.21%
Fetch Rewards, Inc. WI$44.2M · 0.27%
Wts Paradigm, LLC WI$39.3M · 0.34%
Donohue & Associates Inc WI$39.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391501504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.