Plan Ledger DOL Form 5500 · updated monthly

The Employer Group, Inc.401(k)

THE EMPLOYER GROUP RETIREMENT SAVINGS PLAN · VERONA, WI · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

The Employer Group, Inc. reported $163,323 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,896 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 1.04% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 619th-largest of 1,936 plans among Wisconsin employers on file, and the 443rd of 2,534 in administrative & support services. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 614 to 693 since 2022.

Plan summary
Net assets, end of year$30,885,100
Participants with balances552
Active participants693
Employer contributions$1,313,868
Employee contributions$3,237,223
Employer contribution per active participant$1,896
Average account balance$55,951
Benefits paid to participants$1,655,092
Plan auditUnmodified (clean) audit opinion
AuditorMEICHER CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 552 accts · $1.3M emplr
2023$25.2M · 492 accts · $1.2M emplr
2022$24.8M · 477 accts · $995K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,323
Total administrative$163,323
The The Employer Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,896
Median for plans this size$2,416
2024$1,896 per active participant
2023$1,965 per active participant
2022$1,620 per active participant

The Employer Group, Inc.'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 · 20243
VESTWELL · Recordkeeping · Loan processing$164,612
PEAK RETIREMENT GROUP · Recordkeeping · Loan processing$12,828
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$102,323

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

Recordkeeper by year2
2024PEAK RETIREMENT GROUP, Vestwell
2023PEAK RETIREMENT GROUP, Transamerica, Vestwell

This plan has changed recordkeepers within these filings. If you left The Employer Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$163,323 · 0.58%
2023$235,014 · 0.94%
2022$262,437 · 1.04%
Same employer
Similar plansAdministrative & Support Services · Wisconsin
Cielo, Inc. WI$63.5M · 0.38%
Visu-Sewer, Inc. WI$41.4M · 0.01%
Oneida Esc Group, LLC WI$40.4M · 0.17%
Executive Director, Inc. WI$30.5M · 0.33%
Fox World Travel, Inc. WI$25.2M · 0.59%
Marking Services, Inc. WI$23.5M · 0.50%
Forward Service Corporation WI$22.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391825035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.