Plan Ledger DOL Form 5500 · updated monthly

Wieser Brothers General Contractor, Inc.401(k)

WIESER BROTHERS GENERAL CONTRACTOR, INC. 401(K)/PROFIT SHARING PLAN · LA CRESCENT, MN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Wieser Brothers General Contractor, Inc. reported $84,529 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $7,126 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 0.34% to 0.26%. 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 614th-largest of 1,918 plans among Minnesota employers on file, and the 1,367th of 5,337 in construction. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves; active participation has grown from 139 to 164 since 2022.

Plan summary
Net assets, end of year$35,401,647
Participants with balances158
Active participants164
Employer contributions$1,168,630
Employee contributions$780,199
Employer contribution per active participant$7,126
Average account balance$224,061
Benefits paid to participants$830,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 158 accts · $1.2M emplr
2023$29.7M · 154 accts · $1.3M emplr
2022$24.1M · 150 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,529
Total administrative$84,529
The Wieser Brothers General Contractor, Inc. 401(k) match · 2024
Employer contribution per active participant$7,126
Median for plans this size$2,416
2024$7,126 per active participant
2023$9,071 per active participant
2022$7,707 per active participant

Wieser Brothers General Contractor, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,696
SECURITIES AMERICA, INC. · Investment advisory (plan)$45,833
THE PENSION SPECIALISTS · Contract administratorindirect 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
2024The Standard
2023The Standard

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

Administrative cost history3
2024$84,529 · 0.26%
2023$89,421 · 0.33%
2022$88,428 · 0.34%
Same employer
Similar plansConstruction · Minnesota
Corval Group, Inc. MN$44.1M · 0.10%
Weis Builders, Inc. MN$40.2M · 0.17%
Knutson Holdings, Inc. MN$39.5M · 0.36%
Paladin Technologies MN$35.3M · 0.27%
Tl Nexlevel, LLC MN$35.1M · 0.32%
Johnson Screens, Inc. MN$34.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411776461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.