Plan Ledger DOL Form 5500 · updated monthly

Wnb Holding Company401(k)

WNB 401(K) PLAN · WINONA, MN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Wnb Holding Company reported $90,966 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,319 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 3 years on file its reported administrative ratio has held roughly steady near 0.336%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 726th-largest of 1,918 plans among Minnesota employers on file, and 2,524th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 102 to 114 since 2022.

Plan summary
Net assets, end of year$27,999,938
Participants with balances190
Active participants114
Employer contributions$492,385
Employee contributions$780,323
Employer contribution per active participant$4,319
Average account balance$147,368
Benefits paid to participants$2,730,022
Plan auditUnmodified (clean) audit opinion
AuditorMILLER WELLE HEISER & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 190 accts · $492K emplr
2023$26.2M · 175 accts · $497K emplr
2022$24.3M · 156 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,194
Trustee / custodial$87,772
Total administrative$90,966
The Wnb Holding Company 401(k) match · 2024
Employer contribution per active participant$4,319
Median for plans this size$2,416
2024$4,319 per active participant
2023$4,473 per active participant
2022$4,147 per active participant

Wnb Holding Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$3,194
WNB FINANCIAL · Custodial (securities)$87,772
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$90,966 · 0.34%
2023$87,806 · 0.35%
2022$90,066 · 0.34%
Similar plansFinance & Insurance · Minnesota
Trean Corporation MN$30.3M · 0.39%
Ideal Credit Union MN$28.1M · 0.17%
Longevity Holdings Inc MN$27.9M · 0.02%
Northland Securities, Inc. MN$27.8M · 0.44%
Midcountry Bank MN$26.9M · 0.31%
Osp, LLC MN$25.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411522863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.