Plan Ledger DOL Form 5500 · updated monthly

W.D. Larson Companies LTD, Inc.401(k)

W.D. LARSON COMPANIES LTD, INC. 401K RETIREMENT PLAN · ST. LOUIS PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

W.D. Larson Companies LTD, Inc. reported $134,260 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,463 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 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 446th-largest of 1,918 plans among Minnesota employers on file, and the 602nd of 5,215 in retail trade. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 698 to 782 since 2022.

Plan summary
Net assets, end of year$55,401,230
Participants with balances946
Active participants782
Employer contributions$1,144,441
Employee contributions$3,885,977
Employer contribution per active participant$1,463
Average account balance$58,564
Benefits paid to participants$4,839,189
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.4M · 946 accts · $1.1M emplr
2023$48.2M · 975 accts · $1.1M emplr
2022$40.8M · 931 accts · $840K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,060
Investment management$40,200
Total administrative$134,260
The W.D. Larson Companies LTD, Inc. 401(k) match · 2024
Employer contribution per active participant$1,463
Median for plans this size$3,635
2024$1,463 per active participant
2023$1,433 per active participant
2022$1,203 per active participant

W.D. Larson Companies LTD, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$94,060
RESOURCES INVESTMENT ADVISORS, INC. · Investment advisory (plan)$40,000
CHARLES SCHWAB & CO, INC. · Securities brokerage$200
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$134,260 · 0.26%
2023$110,411 · 0.25%
2022$117,937 · 0.27%
Same employer
Similar plansRetail Trade · Minnesota
Lund Food Holdings, Inc. MN$79.5M · 0.18%
Miner's Inc. MN$73.1M · 0.04%
Hom Furniture, Inc. MN$71.0M · 0.27%
Slumberland, Inc. MN$69.9M · 0.06%
The Tile Shop, LLC MN$55.4M · 0.30%
Fph Morrie's LLC MN$53.1M · 0.34%
Maurices Incorporated MN$52.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411244294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.