Plan Ledger DOL Form 5500 · updated monthly

Wagner Industries, LLC401(k)

WAGNER INDUSTRIES, LLC 401(K) RETIREMENT PLAN · NORTH KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Wagner Industries, LLC reported $84,374 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $700 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 rose from 0.75% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Missouri (812th of 1,393), and the 1,100th of 2,677 in transportation & warehousing. In 2024, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 452 to 598 since 2022.

Plan summary
Net assets, end of year$10,927,650
Participants with balances557
Active participants598
Employer contributions$418,562
Employee contributions$1,315,546
Employer contribution per active participant$700
Average account balance$19,619
Benefits paid to participants$1,891,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 557 accts · $419K emplr
2023$8.9M · 463 accts · $362K emplr
2022$7.2M · 476 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,685
Investment management$17,994
Audit (IQPA)$16,695
Total administrative$84,374
The Wagner Industries, LLC 401(k) match · 2024
Employer contribution per active participant$700
Median for plans this size$1,313
2024$700 per active participant
2023$831 per active participant
2022$701 per active participant

Wagner Industries, 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,685
CHERRY BEKAERT LLP · Accounting / audit$16,695
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$15,000

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$84,374 · 0.85%
2023$57,161 · 0.71%
2022$65,379 · 0.75%
Same employer
Similar plansTransportation & Warehousing · Missouri
Tvs Scs North America, Inc. MO$13.0M · 0.70%
Tri-National, Inc. MO$11.2M · 0.71%
Sunset Transportation, LLC MO$10.4M · 0.53%
Wilson Logistics, Inc. MO$8.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440595244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.