Plan Ledger DOL Form 5500 · updated monthly

Wirtz Holding Company, Inc.401(k)

WIRTZ HOLDING COMPANY, INC PROFIT SHARING RETIREMENT&401K PLAN · PORT HURON, MI · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Wirtz Holding Company, Inc. reported $92,556 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,291 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 0.20% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,110th-largest of 2,619 plans among Michigan employers on file, and the 6,328th of 13,661 in manufacturing. In 2023, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,057,908
Participants with balances211
Active participants121
Employer contributions$640,217
Employee contributions$736,879
Employer contribution per active participant$5,291
Average account balance$85,583
Benefits paid to participants$2,927,492
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN & COMPANY (STEVE GUARINI)
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 170 accts · $397K emplr
2023$18.1M · 211 accts · $640K emplr
2022$17.0M · 211 accts · $398K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,064
Investment management$55,492
Total administrative$92,556
The Wirtz Holding Company, Inc. 401(k) match · 2023
Employer contribution per active participant$5,291
Median for plans this size$2,440
2024$3,425 per active participant
2023$5,291 per active participant
2022$3,318 per active participant

Wirtz Holding Company, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$53,392
EMPOWER ADVISORY GROUP, LLC · Investment management$2,100
INDEPENDENT FINANCIAL GROUP INCindirect comp

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$56,742 · 0.33%
2023$92,556 · 0.53%
2022$35,888 · 0.20%
Similar plansManufacturing · Michigan
Avasure Opco Holdings, Inc. MI$18.3M · 0.12%
Eos of North America, Inc. MI$18.3M · 0.20%
Roberts Sinto Corporation MI$18.0M · 0.29%
Hatch Stamping Company MI$18.0M · 0.53%
Knight Ergonomics, LTD. MI$18.0M · 0.73%
Ionbond LLC MI$17.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461663335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.