Plan Ledger DOL Form 5500 · updated monthly

The Wise Company, LLC401(k)

THE WISE COMPANY, LLC PROFIT SHARING PLAN AND TRUST · SAVANNAH, TN · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

The Wise Company, LLC reported $42,832 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,306 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 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,109th of 1,496), and 11,475th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 145 to 180 since 2022.

Plan summary
Net assets, end of year$4,494,289
Participants with balances244
Active participants180
Employer contributions$235,055
Employee contributions$348,522
Employer contribution per active participant$1,306
Average account balance$18,419
Benefits paid to participants$746,938
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 244 accts · $235K emplr
2023$4.3M · 246 accts · $217K emplr
2022$4.3M · 168 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,832
Total administrative$42,832
The The Wise Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,306
Median for plans this size$1,313
2024$1,306 per active participant
2023$925 per active participant
2022$1,052 per active participant

The Wise Company, LLC's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$42,832 · 0.98%
2023$40,269 · 0.94%
2022$45,192 · 0.99%
Same employer
Similar plansManufacturing · Tennessee
Langston Companies, Inc. TN$4.7M · 1.01%
Orhan North America, Inc. TN$4.4M · 0.13%
Zanini Tennessee, Inc. TN$4.4M · 0.13%
Signresource, LLC TN$4.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203222618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.