Plan Ledger DOL Form 5500 · updated monthly

Wieland North America, Inc.401(k)

WIELAND NORTH AMERICA, INC. RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Wieland North America, Inc. reported $497,056 in plan administrative expenses for 2024: 0.13% of average plan assets, above the peer median. Employer contributions averaged $6,248 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 $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 20th-largest of 871 plans among Kentucky employers on file, and the 652nd of 13,661 in manufacturing. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$424,637,108
Participants with balances3,615
Active participants3,191
Employer contributions$19,937,968
Employee contributions$19,226,629
Employer contribution per active participant$6,248
Average account balance$117,465
Benefits paid to participants$45,483,992
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$316,021
Investment management$159,135
Audit (IQPA)$21,900
Total administrative$497,056
The Wieland North America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,248
Median for plans this size$4,294

Wieland North America, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$315,867
TOWERS WATSON INVESTMENT · Investment advisory (plan)$159,135
RUBINBROWN,LLP · Accounting / audit$21,900
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history1
2024$497,056 · 0.13%
Same employer
Similar plansManufacturing · Kentucky
Brown-Forman Corporation KY$648.5M · 0.03%
Pro Mach, Inc. KY$485.8M · 0.16%
Wieland North America, Inc. KY$367.9M · 0.17%
North American Stainless KY$334.8M · 0.03%
Valvoline Inc. KY$318.8M · 0.20%
Vgp Holdings LLC KY$281.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061826564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.