Plan Ledger DOL Form 5500 · updated monthly

Wisconsin Physicians Service Insurance Corporation401(k)

WPS 401(K) SAVINGS PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Wisconsin Physicians Service Insurance Corporation reported $395,942 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,758 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 0.15% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 101st-largest of 1,936 plans among Wisconsin employers on file, and the 429th of 4,798 in finance & insurance. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has shrunk from 2,046 to 1,731 since 2022.

Plan summary
Net assets, end of year$317,139,774
Participants with balances2,721
Active participants1,731
Employer contributions$8,236,687
Employee contributions$9,990,336
Employer contribution per active participant$4,758
Average account balance$116,553
Benefits paid to participants$36,442,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$317.1M · 2,721 accts · $8.2M emplr
2023$296.4M · 2,905 accts · $8.5M emplr
2022$261.2M · 2,891 accts · $8.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$267,733
Investment management$128,209
Total administrative$395,942
The Wisconsin Physicians Service Insurance Corporation 401(k) match · 2024
Employer contribution per active participant$4,758
Median for plans this size$4,294
2024$4,758 per active participant
2023$4,302 per active participant
2022$3,929 per active participant

Wisconsin Physicians Service Insurance Corporation's 2024 employer contribution ran above the $4,294 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 · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$267,733
MORGAN STANLEY · Investment advisory (plan)$128,209

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$395,942 · 0.13%
2023$335,361 · 0.12%
2022$438,594 · 0.15%
All plans at this employer2
WPS 401(K) SAVINGS PLAN401(k)
WPS BARGAINING UNIT EMPLOYEES 401K PLAN401(k)
Same employer
Similar plansFinance & Insurance · Wisconsin
Artisan Partners Holdings LP WI$387.6M · 0.00%
Secura Insurance Company WI$192.7M · 0.05%
First Mid Bancshares, Inc. WI$172.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391268299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.