Plan Ledger DOL Form 5500 · updated monthly

Walser Automotive Group, LLC401(k)

WALSER AUTOMOTIVE GROUP, LLC SAVINGS AND INVESTMENT PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Walser Automotive Group, LLC reported $82,779 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $845 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 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 305th-largest of 1,918 plans among Minnesota employers on file, and the 410th of 5,215 in retail trade. In 2024, employees put in $5.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,057,362
Participants with balances3,050
Active participants1,846
Employer contributions$1,560,376
Employee contributions$9,085,386
Employer contribution per active participant$845
Average account balance$29,527
Benefits paid to participants$7,356,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.1M · 3,050 accts · $1.6M emplr
2023$75.8M · 2,680 accts · $1.1M emplr
2022$58.9M · 2,557 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,779
Total administrative$82,779
The Walser Automotive Group, LLC 401(k) match · 2024
Employer contribution per active participant$845
Median for plans this size$3,635
2024$845 per active participant
2023$563 per active participant
2022$784 per active participant

Walser Automotive Group, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$213,073
MMA SECURITIES LLC · Investment advisory (plan)$24,624

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Walser Automotive Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,779 · 0.10%
2023$147,572 · 0.22%
2022$91,469 · 0.15%
Same employer
Similar plansRetail Trade · Minnesota
Digital River, Inc. MN$93.6M · 0.26%
Lund Food Holdings, Inc. MN$79.5M · 0.18%
Miner's Inc. MN$73.1M · 0.04%
Hom Furniture, Inc. MN$71.0M · 0.27%
Slumberland, Inc. MN$69.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522436225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.