Plan Ledger DOL Form 5500 · updated monthly

Summit Dental Management, S.C.401(k)

SUMMIT DENTAL CONSULTING 401(K) PROFIT SHARING PLAN · EAU CLAIRE, WI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Summit Dental Management, S.C. reported $179,850 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,770 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 0.33% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 347th-largest of 1,936 plans among Wisconsin employers on file, and the 1,550th of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,937,616
Participants with balances513
Active participants543
Employer contributions$1,504,316
Employee contributions$3,222,410
Employer contribution per active participant$2,770
Average account balance$122,685
Benefits paid to participants$2,637,756
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 513 accts · $1.5M emplr
2023$53.0M · 492 accts · $1.3M emplr
2022$43.1M · 492 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,252
Investment management$85,840
Audit (IQPA)$8,400
Trustee / custodial$3,358
Total administrative$179,850
The Summit Dental Management, S.C. 401(k) match · 2024
Employer contribution per active participant$2,770
Median for plans this size$3,635
2024$2,770 per active participant
2023$2,759 per active participant
2022$2,343 per active participant

Summit Dental Management, S.C.'s 2024 employer contribution ran below the $3,635 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 · 20243
WIPFLI LLP · Plan administrator · Recordkeeping$81,752
ORGEL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$85,840
CLIFTON LARSON ALLEN LLP · Accounting / audit$8,400

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

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Administrative cost history3
2024$179,850 · 0.31%
2023$160,617 · 0.33%
2022$152,560 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Gi Associates, LLC WI$63.2M · 0.18%
Community Care, Inc. WI$60.8M · 0.05%
Inclusa, Inc. WI$60.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391990304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.