Plan Ledger DOL Form 5500 · updated monthly

Wise Connect Inc401(k)

WISECONNECT, INC 401K RETIREMENT PLAN · OVERLAND PARK, KS · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Wise Connect Inc reported $2,134 in plan administrative expenses for 2022: 0.58% of average plan assets, below the peer median. Employer contributions averaged $79 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Kansas (815th of 828), and 2,174th of 2,199 in information & media. In 2022, employees put in $7.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$397,744
Participants with balances60
Active participants283
Employer contributions$22,273
Employee contributions$163,518
Employer contribution per active participant$79
Average account balance$6,629
Benefits paid to participants$40,557
Plan auditUnmodified (clean) audit opinion
AuditorMARKSNELSON
The Wise Connect Inc 401(k) match · 2022
Employer contribution per active participant$79
Median for plans this size$331

Wise Connect Inc's 2022 employer contribution ran below the $331 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$2,134 · 0.58%
Similar plansInformation & Media · Kansas
Drisco, LLC KS$4.9M · 0.07%
Mercury Broadband, LLC KS$2.4M · 2.93%
Acoustic Sounds KS$2.3M · 1.04%
Arjay Telecommunications NY$455K · 0.40%
Insightsquared, Inc. MA$417K · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273916818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.