Plan Ledger DOL Form 5500 · updated monthly

T.A. Solberg Co., Inc.401(k)

T.A. SOLBERG CO., INC. 401(K) PLAN · MINOCQUA, WI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

T.A. Solberg Co., Inc. reported $78,335 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $755 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,055th of 1,936), and the 1,925th of 5,215 in retail trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 582 to 521 since 2022.

Plan summary
Net assets, end of year$14,817,988
Participants with balances394
Active participants521
Employer contributions$393,216
Employee contributions$723,529
Employer contribution per active participant$755
Average account balance$37,609
Benefits paid to participants$2,463,844
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 394 accts · $393K emplr
2023$14.2M · 395 accts · $387K emplr
2022$12.9M · 425 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,974
Investment management$16,361
Total administrative$78,335
The T.A. Solberg Co., Inc. 401(k) match · 2024
Employer contribution per active participant$755
Median for plans this size$2,416
2024$755 per active participant
2023$716 per active participant
2022$659 per active participant

T.A. Solberg Co., Inc.'s 2024 employer contribution ran below the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$6,206
RBC CAPITAL MARKETS LLCindirect comp

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$78,335 · 0.54%
2023$67,500 · 0.50%
2022$83,007 · 0.52%
Same employer
Similar plansRetail Trade · Wisconsin
Stein Garden Centers, Inc. WI$16.8M · 0.55%
Wg&R Furniture Co., Inc. WI$16.7M · 0.50%
Grand Appliance Co., Inc. WI$16.6M · 0.65%
Morton Drug Company WI$16.2M · 0.46%
Schierl Inc. WI$14.8M · 0.96%
Smart Motors, Inc. WI$14.4M · 0.84%
International Autos, Inc. WI$14.4M · 0.86%
Four Keys, LLC WI$14.3M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391210564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.