Plan Ledger DOL Form 5500 · updated monthly

Wolfe Electric, Inc.401(k)

WOLFE ELECTRIC, INC. PROFIT SHARING/401(K) PLAN AND TRUST · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Wolfe Electric, Inc. reported $37,946 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,460 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 0.45% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (417th of 828), and 7,628th of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 125 to 103 since 2022.

Plan summary
Net assets, end of year$13,265,095
Participants with balances137
Active participants103
Employer contributions$150,409
Employee contributions$324,148
Employer contribution per active participant$1,460
Average account balance$96,826
Benefits paid to participants$902,669
Plan auditUnmodified (clean) audit opinion
AuditorMORROW AND CO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 137 accts · $150K emplr
2023$12.2M · 158 accts · $56K emplr
2022$11.1M · 156 accts · $776 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,305
Investment management$30,641
Total administrative$37,946
The Wolfe Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$1,460
Median for plans this size$2,416
2024$1,460 per active participant
2023$446 per active participant
2022$6 per active participant

Wolfe Electric, Inc.'s 2024 employer contribution ran below 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 · 20243
IMA ADVISORY SERVICES INC · Investment advisory (plan)$30,641
IMA ADVISORY SERVICES INCindirect comp

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

Administrative cost history3
2024$37,946 · 0.30%
2023$32,930 · 0.28%
2022$56,416 · 0.45%
Same employer
Similar plansManufacturing · Kansas
Hm Dunn Aerosystems, Inc KS$13.7M · 0.44%
Kalmar Solutions, LLC KS$13.4M · 0.34%
Cereal Ingredients Inc KS$13.2M · 0.14%
Cross Manufacturing, Inc. KS$12.8M · 0.36%
Earp Meat Company Inc KS$12.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481192650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.