Plan Ledger DOL Form 5500 · updated monthly

Wahl Clipper Corporation401(k)

WAHL CLIPPER CORP 401(K) PROFIT SHARING PLAN · STERLING, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Wahl Clipper Corporation reported $129,933 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,015 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 0.24% to 0.10%. 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 433rd-largest of 3,702 plans among Illinois employers on file, and the 1,500th of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 1,129 to 906 since 2022.

Plan summary
Net assets, end of year$139,085,413
Participants with balances1,090
Active participants906
Employer contributions$3,637,750
Employee contributions$5,570,562
Employer contribution per active participant$4,015
Average account balance$127,601
Benefits paid to participants$13,347,241
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$139.1M · 1,090 accts · $3.6M emplr
2023$127.7M · 1,183 accts · $4.0M emplr
2022$116.8M · 1,120 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,933
Total administrative$129,933
The Wahl Clipper Corporation 401(k) match · 2024
Employer contribution per active participant$4,015
Median for plans this size$3,635
2024$4,015 per active participant
2023$4,014 per active participant
2022$2,908 per active participant

Wahl Clipper 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 · 20242
MORGAN STANLEY · Investment advisory (participants)$70,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,933

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$129,933 · 0.10%
2023$184,531 · 0.15%
2022$316,691 · 0.24%
Same employer
Similar plansManufacturing · Illinois
Century Aluminum Company IL$149.7M · 0.05%
Ozinga Bros., Inc. IL$142.7M · 0.08%
New Flyer Holdings, Inc. IL$140.0M · 0.34%
Vcna Prairie LLC IL$138.8M · 0.10%
Barilla America, Inc. IL$137.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361922730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.