Plan Ledger DOL Form 5500 · updated monthly

Wenzel Metal Spinning, Inc.401(k)

WENZEL METAL SPINNING, INC. 401(K) PROFIT SHARING PLAN · FREMONT, IN · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Wenzel Metal Spinning, Inc. reported $32,178 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,346 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (786th of 1,562), and 7,765th of 13,661 in manufacturing. In 2022, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,868,363
Participants with balances97
Active participants89
Employer contributions$386,752
Employee contributions$401,276
Employer contribution per active participant$4,346
Average account balance$132,664
Benefits paid to participants$274,476
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER LLC
Administrative expenses, itemized · 2022
Investment management$25,000
Professional / advisory$6,706
Total administrative$32,178
The Wenzel Metal Spinning, Inc. 401(k) match · 2022
Employer contribution per active participant$4,346
Median for plans this size$2,266

Wenzel Metal Spinning, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$32,178 · 0.23%
Same employer
Similar plansManufacturing · Indiana
Flodraulic Group Inc IN$13.3M · 0.07%
Steel Warehouse Company LLC IN$13.2M · 0.53%
Heartland Automotive, LLC IN$13.1M · 0.67%
Mossberg & Company, Inc. IN$12.8M · 0.51%
Wieland Designs, Inc. IN$12.6M · 0.66%
Syndicate Sales Inc. IN$12.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200698217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.