Plan Ledger DOL Form 5500 · updated monthly

Weisser Distributing, Inc.401(k)

WEISSER DISTRIBUTING, INC. 401(K) PROFIT SHARING PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Weisser Distributing, Inc. reported $24,227 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $2,383 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 rose from 0.01% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in South Dakota (172nd of 233), and 1,464th of 2,677 in transportation & warehousing. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 90 to 46 since 2022.

Plan summary
Net assets, end of year$6,391,487
Participants with balances82
Active participants46
Employer contributions$109,632
Employee contributions$206,917
Employer contribution per active participant$2,383
Average account balance$77,945
Benefits paid to participants$757,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 82 accts · $110K emplr
2023$6.0M · 147 accts · $148K emplr
2022$4.8M · 126 accts · $355K emplr
Administrative expenses, itemized · 2024
Investment management$24,227
Total administrative$24,227
The Weisser Distributing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,383
Median for plans this size$1,313
2024$2,383 per active participant
2023$2,001 per active participant
2022$3,949 per active participant

Weisser Distributing, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
CAPITAL GROUP RETIREMENT PLAN SVCS · Recordkeeping · Investment managementindirect comp
BOULAY PLLP · Accounting / audit$6,000
MORGAN STANLEY WEALTH MANAGEMENTindirect comp

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

Recordkeeper by year2
2024CAPITAL GROUP RETIREMENT PLAN SVCS
2023CAPITAL GROUP RETIREMENT PLAN SVCS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,227 · 0.39%
2023$1,450 · 0.03%
2022$495 · 0.01%
Similar plansTransportation & Warehousing · South Dakota
Johnson Feed, Inc. SD$21.8M · 0.23%
Cliff Viessman, Inc. SD$19.7M · 0.48%
H&M Intl Transportation NJ$6.4M · 0.55%
Bgi, LLC SC$6.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753069613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.