Plan Ledger DOL Form 5500 · updated monthly

Wilson-McShane Corporation401(k)

WILSON-MCSHANE CORPORATION RETIREMENT INCOME PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Wilson-McShane Corporation reported $7,560 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,357 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 0.009% to 0.012%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 392nd-largest of 1,918 plans among Minnesota employers on file, and the 1,333rd of 4,798 in finance & insurance. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$67,688,927
Participants with balances570
Active participants454
Employer contributions$2,432,099
Employee contributions$2,335,765
Employer contribution per active participant$5,357
Average account balance$118,753
Benefits paid to participants$5,769,620
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.7M · 570 accts · $2.4M emplr
2023$60.0M · 547 accts · $2.1M emplr
2022$48.4M · 499 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,560
Total administrative$7,560
The Wilson-McShane Corporation 401(k) match · 2024
Employer contribution per active participant$5,357
Median for plans this size$3,635
2024$5,357 per active participant
2023$4,431 per active participant
2022$4,647 per active participant

Wilson-McShane Corporation's 2024 employer contribution ran above the $3,635 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$7,560

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Wilson-McShane Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,560 · 0.01%
2023$23,162 · 0.04%
2022$4,738 · 0.01%
All plans at this employer2
WILSON-MCSHANE CORPORATION RETIREMENT INCOME PLAN401(k)
WILSON-MCSHANE CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 410956552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.