How much does Wick Buildings, Inc. contribute to its ESOP?

In 2024, employer contributions to the Wick Buildings, Inc. plan averaged $1,570 per active participant, above the $1,313 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Wick Buildings, Inc. 401(k)?

The average participant account balance was $56,373 for plan year 2024, based on 169 accounts.

Wick Buildings, Inc.ESOP

Name: Wick Buildings, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

WICK BUILDINGS EMPLOYEE STOCK OWNERSHIP PLAN · MAZOMANIE, WI · plan year 2024

Employer contribution per participant · 2024

$1,570

Wick Buildings, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $9,527,104 across 169 participant accounts, with employer contributions averaging $1,570 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,299th of 1,936), and 3,159th of 5,337 in construction.

Plan summary
Net assets, end of year$9,527,104
Participants with balances169
Active participants100
Employer contributions$157,000
Employee contributions—
Employer contribution per active participant$1,570
Average account balance$56,373
Benefits paid to participants$244,388
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS S.C.

Plan history2

Yearassets · accounts · employer contribution

2024$9.5M · 169 accts · $157K emplr

2022$8.2M · 168 accts · $384K emplr

Employer contributions to the Wick Buildings, Inc. plan · 2024

Employer contribution per active participant$1,570

Median for plans this size$1,313

2024$1,570 per active participant

2022$3,802 per active participant

Wick Buildings, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history2

2024Not separately reported

2022$25 · 0.00%

Similar plansConstruction · Wisconsin
Northland Electrical Services, LLC WI$10.4M · 0.55%
River Holding Company WI$10.2M · 0.25%
Hottmann Construction Company, Inc. WI$10.0M · 0.50%
Jack Walters & Sons Corp. WI$9.7M · 0.37%
Window Solutions, Inc. WI$9.5M · 1.37%
Interstate Roofing and Waterproofing, Inc. WI$9.1M · 0.46%
Cardinal Heating & Air Conditioning, Inc. WI$8.2M · 1.01%
Waunakee Remodeling, Inc. WI$7.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271791015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.