How much does Wausau Supply Co. contribute to its ESOP?

In 2023, employer contributions to the Wausau Supply Co. plan averaged $2,181 per active participant, below the $4,362 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 Wausau Supply Co. 401(k)?

The average participant account balance was $305,296 for plan year 2023, based on 1,032 accounts.

Wausau Supply Co.ESOP

Name: Wausau Supply Co. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

WAUSAU SUPPLY COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · SCHOFIELD, WI · plan year 2023

Employer contribution per participant · 2023

$2,181

Wausau Supply Co.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $315,065,650 across 1,032 participant accounts, with employer contributions averaging $2,181 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other wholesale trade employers. By assets it is the 103rd-largest of 1,936 plans among Wisconsin employers on file, and the 151st of 4,246 in wholesale trade. active participation has grown from 681 to 753 since 2022.

Plan summary
Net assets, end of year$315,065,650
Participants with balances1,032
Active participants753
Employer contributions$1,642,326
Employee contributions—
Employer contribution per active participant$2,181
Average account balance$305,296
Benefits paid to participants$46,755,283
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP

Plan history3

Yearassets · accounts · employer contribution

2024$281.8M · 1,079 accts · $1.2M emplr

2023$315.1M · 1,032 accts · $1.6M emplr

2022$292.5M · 959 accts · $827K emplr

Employer contributions to the Wausau Supply Co. plan · 2023

Employer contribution per active participant$2,181

Median for plans this size$4,362

2024$1,582 per active participant

2023$2,181 per active participant

2022$1,214 per active participant

Wausau Supply Co.'s 2023 employer contribution ran below the $4,362 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

WAUSAU SUPPLY COMPANY 401(K) PLAN401(k)

WAUSAU SUPPLY COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Wausau Supply Co.'s health & benefits plan: carriers, premiums & broker pay

Similar plansWholesale Trade · Wisconsin
American Builders & Contractors Supply Co Inc WI$1.3B · 0.10%
Uline, Inc. WI$968.3M · 0.06%
U.S. Venture, Inc. WI$398.9M · 0.15%
Direct Supply, Inc. WI$346.1M · 0.07%
Iewc Corp. WI$215.0M
Brp US Inc. WI$158.6M · 0.24%
Gordon Flesch Company, Inc. WI$153.5M · 0.08%
Lemans Corporation WI$122.3M · 0.22%

Why are you looking at this plan?

Compare
401(k) plans in Wisconsin
Worked here before? Find your old 401(k)
401(k) plans in Wholesale Trade
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 390772342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.