Plan Ledger DOL Form 5500 · updated monthly

Wieland Corporation401(k)

WIELAND 401(K) PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Wieland Corporation reported $64,439 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,898 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 0.31% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,047th-largest of 2,619 plans among Michigan employers on file, and the 2,039th of 5,337 in construction. In 2024, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,688,173
Participants with balances131
Active participants98
Employer contributions$284,038
Employee contributions$1,136,144
Employer contribution per active participant$2,898
Average account balance$150,291
Benefits paid to participants$1,328,171
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 131 accts · $284K emplr
2023$17.4M · 126 accts · $258K emplr
2022$14.8M · 134 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,269
Total administrative$64,439
The Wieland Corporation 401(k) match · 2024
Employer contribution per active participant$2,898
Median for plans this size$2,416
2024$2,898 per active participant
2023$3,142 per active participant
2022$2,545 per active participant

Wieland Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
CAPFINANCIAL PARTNERS, LLC · Investment management$40,170
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,269

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$64,439 · 0.35%
2023$69,567 · 0.43%
2022$51,838 · 0.31%
Similar plansConstruction · Michigan
E.T. Mackenzie Company MI$20.8M · 0.41%
Pioneer Incorporated MI$20.5M · 0.31%
Kasco, LLC MI$20.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381781457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.