Plan Ledger DOL Form 5500 · updated monthly

Wenger Manufacturing, LLC401(k)

WENGER MANUFACTURING, LLC 401(K) PLAN · SABETHA, KS · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Wenger Manufacturing, LLC reported $400,186 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,984 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 0.47% to 0.55%. 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 80th-largest of 828 plans among Kansas employers on file, and the 2,113th of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 306 to 381 since 2022.

Plan summary
Net assets, end of year$86,679,971
Participants with balances436
Active participants381
Employer contributions$1,898,831
Employee contributions$3,149,108
Employer contribution per active participant$4,984
Average account balance$198,807
Benefits paid to participants$6,598,790
Plan auditUnmodified (clean) audit opinion
AuditorBMG CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 436 accts · $1.9M emplr
2023$57.6M · 341 accts · $1.4M emplr
2022$48.9M · 344 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,216
Investment management$99,180
Audit (IQPA)$45,500
Total administrative$400,186
The Wenger Manufacturing, LLC 401(k) match · 2024
Employer contribution per active participant$4,984
Median for plans this size$3,635
2024$4,984 per active participant
2023$4,537 per active participant
2022$5,019 per active participant

Wenger Manufacturing, LLC'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 · 20244
PRIME CAPITAL INV ADVS LLC · Investment advisory (plan)$99,180
QUALIFIED PLAN CONSULTANTS LLC · Contract administrator$52,290
BMG CERTIFIED PUBLIC ACCT LLP · Accounting / audit$45,500

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$400,186 · 0.55%
2023$248,563 · 0.47%
2022$256,837 · 0.47%
Same employer
Similar plansManufacturing · Kansas
Cargotec Holding, Inc. KS$123.5M · 0.16%
Searles Valley Minerals Inc. KS$117.5M · 0.17%
Scriptpro LLC KS$109.6M · 0.14%
Berry Companies, Inc. KS$106.2M · 0.24%
Inland Truck Parts Company KS$77.9M · 0.06%
Sps Companies, Inc. KS$74.2M · 0.19%
Hostess Brands, LLC KS$73.7M · 0.26%
The Bradbury Co., Inc. KS$70.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480644991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.