Plan Ledger DOL Form 5500 · updated monthly

Wohlsen Construction Company401(k)

WOHLSEN CONSTRUCTION COMPANY 401(K) PLAN · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Wohlsen Construction Company reported $131,797 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,383 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 0.38% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 937th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,213th of 5,337 in construction. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,045,318
Participants with balances419
Active participants325
Employer contributions$1,099,599
Employee contributions$2,808,654
Employer contribution per active participant$3,383
Average account balance$97,960
Benefits paid to participants$4,600,471
Plan auditUnmodified (clean) audit opinion
AuditorRKL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$41.0M · 419 accts · $1.1M emplr
2023$36.6M · 428 accts · $755K emplr
2022$30.1M · 422 accts · $846K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,048
Investment management$16,749
Total administrative$131,797
The Wohlsen Construction Company 401(k) match · 2024
Employer contribution per active participant$3,383
Median for plans this size$2,416
2024$3,383 per active participant
2023$2,323 per active participant
2022$2,686 per active participant

Wohlsen Construction Company's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$115,048
CORNERSTONE ADVISORS ASSET MGMT · Investment advisory (plan)$16,749

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

Recordkeeper by year2
2024Principal
2023Principal

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

Administrative cost history3
2024$131,797 · 0.34%
2023$135,596 · 0.41%
2022$126,461 · 0.38%
All plans at this employer2
WOHLSEN CONSTRUCTION COMPANY 401(K) PLAN401(k)
WOHLSEN CONSTRUCTION COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Pennsylvania
Conewago Holdings, Inc. PA$46.3M · 0.24%
Mericle Construction, Inc. PA$46.2M · 0.33%
Remco, Inc. PA$45.4M · 0.33%
Myco Mechanical, Inc. PA$40.8M · 0.07%
Quandel Enterprises, LLC PA$39.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231542546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.