Plan Ledger DOL Form 5500 · updated monthly

Wlcfs401(k)

WLCFS RETIREMENT READINESS PLAN · GERMANTOWN, WI · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Wlcfs reported $25,971 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,405 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 0.48% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,539th of 1,936), and 7,345th of 11,911 in health care & social assistance. In 2023, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 221 to 161 since 2022.

Plan summary
Net assets, end of year$6,005,185
Participants with balances185
Active participants161
Employer contributions$226,174
Employee contributions$523,473
Employer contribution per active participant$1,405
Average account balance$32,460
Benefits paid to participants$395,511
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 177 accts · $206K emplr
2023$6.0M · 185 accts · $226K emplr
2022$4.8M · 179 accts · $234K emplr
Administrative expenses, itemized · 2023
Investment management$2,644
Total administrative$25,971
The Wlcfs 401(k) match · 2023
Employer contribution per active participant$1,405
Median for plans this size$1,308
2024$1,170 per active participant
2023$1,405 per active participant
2022$1,057 per active participant

Wlcfs's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MUTUAL OF AMERICA SEC. CORP LLC · Claims processing · Recordkeeping$19,572
WILSHIRE ASSOCIATES INC. · Named fiduciary$2,644

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$30,319 · 0.52%
2023$25,971 · 0.48%
2022$23,596 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Lad Lake, Inc. WI$6.6M · 0.66%
Miravida Living, Inc. WI$5.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391047224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.