Plan Ledger DOL Form 5500 · updated monthly

Western States Envelope Company401(k)

WESTERN STATES EMPLOYEE 401(K) RETIREMENT SAVINGS PLAN · BUTLER, WI · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Western States Envelope Company reported $121,207 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $289 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 0.25% to 0.19%. 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 the 477th-largest of 1,936 plans among Wisconsin employers on file, and the 3,595th of 13,661 in manufacturing. In 2022, employees put in $8.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,522,520
Participants with balances492
Active participants497
Employer contributions$143,612
Employee contributions$1,160,745
Employer contribution per active participant$289
Average account balance$84,395
Benefits paid to participants$6,429,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.0M · 329 accts · $279K emplr
2023$39.0M · 345 accts · $171K emplr
2022$41.5M · 492 accts · $144K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$121,207
Total administrative$121,207
The Western States Envelope Company 401(k) match · 2022
Employer contribution per active participant$289
Median for plans this size$2,266
2024$623 per active participant
2023$642 per active participant
2022$289 per active participant

Western States Envelope Company's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 history3
2024$76,273 · 0.19%
2023$102,280 · 0.25%
2022$121,207 · 0.25%
Same employer
Similar plansManufacturing · Wisconsin
Ssi Technologies, LLC WI$42.2M · 0.03%
Nord Gear Corporation WI$42.2M · 0.35%
Sti Holdings, Inc. WI$41.8M · 0.45%
Sartori Company WI$40.7M · 0.31%
Sterling Products, Inc. WI$40.7M · 0.37%
Team Industries, Inc. WI$40.5M · 0.24%
Fisher-Barton Inc. WI$40.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390700440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.