Plan Ledger DOL Form 5500 · updated monthly

Werner Electric Supply Co.401(k)

WERNER ELECTRIC SUPPLY CO. 401(K) PROFIT SHARING PLAN · APPLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Werner Electric Supply Co. reported $117,272 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,542 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 0.22% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 320th-largest of 1,936 plans among Wisconsin employers on file, and the 595th of 4,246 in wholesale trade. In 2024, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,058,150
Participants with balances580
Active participants451
Employer contributions$1,146,581
Employee contributions$3,861,360
Employer contribution per active participant$2,542
Average account balance$120,790
Benefits paid to participants$6,952,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.1M · 580 accts · $1.1M emplr
2023$62.1M · 580 accts · $1.0M emplr
2022$51.4M · 548 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,712
Investment management$22,385
Audit (IQPA)$14,175
Total administrative$117,272
The Werner Electric Supply Co. 401(k) match · 2024
Employer contribution per active participant$2,542
Median for plans this size$3,635
2024$2,542 per active participant
2023$2,213 per active participant
2022$2,142 per active participant

Werner Electric Supply Co.'s 2024 employer contribution ran below 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 · 20245
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$80,712
ONEAMERICA INVESTMENT ADVISORY SERV · Investment advisory (plan)$19,385
BAKER TILLY US, LLP · Legal$14,175
COPPER HARBOR INVESTMENTS ADVISORS · Investment advisory (plan)$3,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$117,272 · 0.18%
2023$97,795 · 0.17%
2022$127,625 · 0.22%
Same employer
Similar plansWholesale Trade · Wisconsin
Ellsworth Corporation WI$82.6M · 0.12%
Badger Liquor Co., Inc. WI$73.6M · 0.44%
Endries International Inc. WI$72.0M · 0.28%
Prometheus Group, Inc. WI$64.4M · 0.30%
Guhring, Inc. WI$56.9M · 0.14%
Weyco Group, Inc. WI$55.0M · 0.23%
Hy Cite Enterprises, LLC WI$53.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390807437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.