WENCK ENTERPRISES, INC. PROFIT SHARING AND 401(K) PLAN · MAPLE PLAIN, MN · plan year 2022
Reported admin expense ratio · 2022
0.78%
Wenck Enterprises, Inc. reported $165,314 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~90% of peers. 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 959th-largest of 1,918 plans among Minnesota employers on file, and 5,936th of 11,654 in professional & technical services.
Plan summary
Net assets, end of year$17,887,344
Participants with balances300
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$59,624
Benefits paid to participants$2,414,403
Plan auditUnmodified (clean) audit opinion
AuditorFROEHLING ANDERSON LTD
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$17.9M · 300 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,888
Investment management$133,426
Total administrative$165,314
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 history2
2023Not separately reported
2022$165,314 · 0.78%
All plans at this employer2
WENCK ENTERPRISES, INC. PROFIT SHARING AND 401(K) PLAN401(k)
WENCK ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · Minnesota
Source: U.S. Department of Labor, Form 5500 series, EIN 475456440 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.