What are the fees in the Wall Drug Store, Inc 401(k) plan?

For plan year 2022, Wall Drug Store, Inc reported $13,428 in plan administrative expenses, or 0.46% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the Wall Drug Store, Inc 401(k) match?

In 2022, employer contributions to the Wall Drug Store, Inc plan averaged $1,317 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Wall Drug Store, Inc 401(k)?

The average participant account balance was $34,413 for plan year 2022, based on 78 accounts.

Wall Drug Store, Inc401(k)

Name: Wall Drug Store, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

WALL DRUG STORE EMPLOYEE PROFIT SHARING RETIREMENT PLAN · WALL, SD · plan year 2022

Reported admin expense ratio · 2022

0.46%

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

Wall Drug Store, Inc reported $13,428 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,317 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Dakota (210th of 233), and 4,463rd of 5,215 in retail trade. In 2022, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,684,217
Participants with balances78
Active participants63
Employer contributions$82,960
Employee contributions$217,919
Employer contribution per active participant$1,317
Average account balance$34,413
Benefits paid to participants$124,571
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP

Administrative expenses, itemized · 2022

Investment management$13,428

Total administrative$13,428

The Wall Drug Store, Inc 401(k) match · 2022

Employer contribution per active participant$1,317

Median for plans this size$1,114

Wall Drug Store, Inc's 2022 employer contribution ran above the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$13,428 · 0.46%

Similar plansRetail Trade · South Dakota
Sioux Nation Holdings, Inc. SD$4.4M · 0.88%
Maynards Food Center of Westbrook, Inc. SD$4.3M · 0.55%
Bmaddox Enterprises LLC SD$3.6M · 0.17%
Ken's Supermarkets, Inc. SD$3.6M · 0.94%
Mark Enterprises Car Company II LLC AZ$2.7M · 0.07%
Fred's Appliance, Inc. WA$2.7M · 0.82%
Alpena Supermarket, Inc. MI$2.7M · 0.48%
Famsa TX$2.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460233939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.