Plan Ledger DOL Form 5500 · updated monthly

Warning Lites of Minnesota, Inc.401(k)

WLM 401(K) PROGRAM · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Warning Lites of Minnesota, Inc. reported $14,330 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,842 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 construction employers. By assets it is among the smaller plans on file in Minnesota (1,649th of 1,918), and 4,193rd of 5,337 in construction. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,144,964
Participants with balances72
Active participants130
Employer contributions$239,454
Employee contributions$421,797
Employer contribution per active participant$1,842
Average account balance$57,569
Benefits paid to participants$343,141
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,330
Total administrative$14,330
The Warning Lites of Minnesota, Inc. 401(k) match · 2022
Employer contribution per active participant$1,842
Median for plans this size$1,114

Warning Lites of Minnesota, 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

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$14,330 · 0.32%
Same employer
Similar plansConstruction · Minnesota
Spring Prairie Hb, Inc. MN$5.2M · 0.64%
Legacy Restoration, LLC MN$4.9M · 1.15%
Hero Home Services, Inc. MN$4.5M · 0.86%
Horizon Roofing, Inc. MN$3.5M · 0.01%
Decook Excavating, Inc. MN$3.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364762529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.