Plan Ledger DOL Form 5500 · updated monthly

Wilko Plastics Inc.401(k)

ALCO PLASTICS, INC. EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN AND TRUST · AU GRES, MI · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Wilko Plastics Inc. reported $31,310 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $550 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,802nd of 2,619), and 10,207th of 13,661 in manufacturing. In 2022, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,945,038
Participants with balances83
Active participants155
Employer contributions$85,212
Employee contributions$217,541
Employer contribution per active participant$550
Average account balance$83,675
Benefits paid to participants$1,520,440
Plan auditUnmodified (clean) audit opinion
AuditorGROEN, KLUKA & COMPANY. P.C
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,310
Total administrative$31,310
The Wilko Plastics Inc. 401(k) match · 2022
Employer contribution per active participant$550
Median for plans this size$1,114

Wilko Plastics Inc.'s 2022 employer contribution ran below the $1,114 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 history1
2022$31,310 · 0.38%
Same employer
Similar plansManufacturing · Michigan
Acemco Incorporated MI$7.1M · 0.60%
Rose Medical MI$7.1M · 0.06%
Kenona Industries LLC MI$7.0M · 0.78%
Technique, Inc. MI$7.0M · 0.58%
Cs Manufacturing, Inc. MI$6.9M · 0.83%
Kendrick Plastics, Inc. MI$6.9M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882362544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.