Plan Ledger DOL Form 5500 · updated monthly

Wagner Equipment Co.401(k)

WAGNER EQUIPMENT CO. RETIREMENT SAVINGS PLAN · AURORA, CO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Wagner Equipment Co. reported $114,703 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $6,576 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 63rd-largest of 1,461 plans among Colorado employers on file, and the 168th of 4,246 in wholesale trade. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 1,432 to 1,733 since 2022.

Plan summary
Net assets, end of year$279,422,423
Participants with balances2,140
Active participants1,733
Employer contributions$11,395,600
Employee contributions$14,007,973
Employer contribution per active participant$6,576
Average account balance$130,571
Benefits paid to participants$26,972,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$279.4M · 2,140 accts · $11.4M emplr
2023$250.2M · 1,979 accts · $9.7M emplr
2022$215.1M · 1,889 accts · $8.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,703
Total administrative$114,703
The Wagner Equipment Co. 401(k) match · 2024
Employer contribution per active participant$6,576
Median for plans this size$4,294
2024$6,576 per active participant
2023$6,281 per active participant
2022$6,172 per active participant

Wagner Equipment Co.'s 2024 employer contribution ran above the $4,294 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$114,702
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
GLOBAL RETIREMENT PARTNERS, LLC, A · Investment advisory (participants)indirect 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$114,703 · 0.04%
2023$124,766 · 0.05%
2022$117,955 · 0.05%
Same employer
Similar plansWholesale Trade · Colorado
Arrow Electronics, Inc. CO$1.5B · 0.08%
Ardent Mills, LLC CO$295.3M · 0.06%
Mrc Global (US) Inc. CO$257.7M · 0.10%
Trinidad Benham Corp. CO$244.2M · 0.00%
Wheel Pros, LLC CO$87.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840703569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.