Plan Ledger DOL Form 5500 · updated monthly

Wolverine Building Group, Inc.401(k)

WOLVERINE BUILDING GROUP, INC. SAVINGS AND RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Wolverine Building Group, Inc. reported $20,533 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,952 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,362nd of 2,619), and 2,718th of 5,337 in construction. In 2022, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,724,392
Participants with balances211
Active participants182
Employer contributions$537,198
Employee contributions$1,170,234
Employer contribution per active participant$2,952
Average account balance$60,305
Benefits paid to participants$529,615
Plan auditUnmodified (clean) audit opinion
AuditorBEENE GARTER, A DOEREN MAYHEW FIRM
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,533
Total administrative$20,533
The Wolverine Building Group, Inc. 401(k) match · 2022
Employer contribution per active participant$2,952
Median for plans this size$2,266

Wolverine Building Group, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,533 · 0.15%
Similar plansConstruction · Michigan
Corby Energy Services Inc MI$15.6M · 0.37%
Wcc Acquisition, LLC MI$14.2M · 0.67%
Stafford-Smith Inc MI$13.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381600177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.