Plan Ledger DOL Form 5500 · updated monthly

Wenger Corporation401(k)

WENGER CORPORATION RETIREMENT SAVINGS PLAN · OWATONNA, MN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Wenger Corporation reported $92,403 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,849 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 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 261st-largest of 1,918 plans among Minnesota employers on file, and the 1,792nd of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,350,660
Participants with balances742
Active participants557
Employer contributions$2,143,982
Employee contributions$3,209,489
Employer contribution per active participant$3,849
Average account balance$146,025
Benefits paid to participants$10,688,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.4M · 742 accts · $2.1M emplr
2023$98.3M · 695 accts · $2.9M emplr
2022$87.0M · 694 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,256
Investment management$47,147
Total administrative$92,403
The Wenger Corporation 401(k) match · 2024
Employer contribution per active participant$3,849
Median for plans this size$3,635
2024$3,849 per active participant
2023$5,195 per active participant
2022$4,723 per active participant

Wenger Corporation's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,256
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$30,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,147

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

Administrative cost history3
2024$92,403 · 0.09%
2023$86,512 · 0.09%
2022$93,627 · 0.10%
Same employer
Similar plansManufacturing · Minnesota
The Imagine Group MN$116.4M · 0.27%
Turck Inc. MN$116.1M · 0.03%
Ip Corporation MN$115.7M · 0.09%
Proto Labs, Inc. MN$110.0M · 0.16%
The Wells Companies MN$108.0M · 0.08%
Ergotron, Inc. MN$106.9M · 0.21%
Gemini, Incorporated MN$105.8M · 0.17%
The Walman Optical Company MN$105.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410759858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.