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 2024

Reported admin expense ratio · 2024
0.39%

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

Wolverine Building Group, Inc. reported $68,955 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,225 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 has held roughly steady near 0.39%. 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 1,064th-largest of 2,619 plans among Michigan employers on file, and the 2,084th of 5,337 in construction. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,190,976
Participants with balances220
Active participants198
Employer contributions$638,577
Employee contributions$1,438,333
Employer contribution per active participant$3,225
Average account balance$87,232
Benefits paid to participants$1,325,441
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$19.2M · 220 accts · $639K emplr
2023$16.1M · 224 accts · $583K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,955
Total administrative$68,955
The Wolverine Building Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,225
Median for plans this size$2,416
2024$3,225 per active participant
2023$2,988 per active participant

Wolverine Building Group, Inc.'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$68,954
NORTHWESTERN MUTUAL WEALTH MGMT CO. · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$68,955 · 0.39%
2023$55,202 · 0.38%
Same employer
Similar plansConstruction · Michigan
E.T. Mackenzie Company MI$20.8M · 0.41%
Pioneer Incorporated MI$20.5M · 0.31%
Kasco, LLC MI$20.1M · 0.35%
Wieland Corporation MI$19.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383536950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.