Plan Ledger DOL Form 5500 · updated monthly

Wago Corporation401(k)

WAGO CORPORATION 401(K) PLAN · GERMANTOWN, WI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Wago Corporation reported $80,831 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $5,852 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 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 331st-largest of 1,936 plans among Wisconsin employers on file, and the 2,572nd of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 208 to 241 since 2022.

Plan summary
Net assets, end of year$65,992,043
Participants with balances287
Active participants241
Employer contributions$1,410,378
Employee contributions$2,892,206
Employer contribution per active participant$5,852
Average account balance$229,937
Benefits paid to participants$7,059,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 287 accts · $1.4M emplr
2023$60.0M · 279 accts · $1.5M emplr
2022$50.2M · 253 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,743
Investment management$18,088
Total administrative$80,831
The Wago Corporation 401(k) match · 2024
Employer contribution per active participant$5,852
Median for plans this size$3,635
2024$5,852 per active participant
2023$6,359 per active participant
2022$6,541 per active participant

Wago Corporation's 2024 employer contribution ran above the $3,635 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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$62,743
ONEAMERICA INVESTMENT ADV SERVICES · Investment advisory (plan)$18,088
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,831 · 0.13%
2023$64,084 · 0.12%
2022$83,623 · 0.15%
Same employer
Similar plansManufacturing · Wisconsin
Inpro Corporation WI$71.6M · 0.27%
Bell Laboratories, Inc. WI$68.1M · 0.12%
Clasen Quality Chocolate WI$67.5M · 0.01%
Foremost Farms USA WI$67.4M · 0.16%
Dlsm, Inc. WI$65.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 391329208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.