Plan Ledger DOL Form 5500 · updated monthly

Welter Forest Products, Inc401(k)

WELTER FOREST PRODUCTS 401(K) PLAN · NEW LONDON, WI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Welter Forest Products, Inc reported $3,787 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,045 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 0.11% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,519th of 1,936), and 10,504th of 13,661 in manufacturing. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,353,400
Participants with balances164
Active participants151
Employer contributions$157,814
Employee contributions$506,616
Employer contribution per active participant$1,045
Average account balance$38,740
Benefits paid to participants$860,846
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 164 accts · $158K emplr
2023$5.8M · 161 accts · $172K emplr
2022$4.8M · 182 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,787
Total administrative$3,787
The Welter Forest Products, Inc 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$1,313
2024$1,045 per active participant
2023$1,169 per active participant
2022$1,078 per active participant

Welter Forest Products, Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
STANCORP · Claims processing · Recordkeeping$28,808

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 Welter Forest Products, Inc 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$3,787 · 0.06%
2023$5,782 · 0.11%
2022$5,541 · 0.11%
Same employer
Similar plansManufacturing · Wisconsin
Seda North America Inc. WI$6.4M · 0.34%
Motis Brands, Inc. WI$6.4M · 0.79%
Ksp Group, Inc. WI$6.4M · 0.47%
Psco Kieffer, Inc. WI$6.3M · 0.54%
Ardisam, Inc. WI$6.1M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454938177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.