Plan Ledger DOL Form 5500 · updated monthly

Wolverine Power Supply Cooperative, Inc.401(k)

WOLVERINE POWER SUPPLY COOPERATIVE, INC. NON UNION 401(K) PLAN · CADILLAC, MI · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Wolverine Power Supply Cooperative, Inc. reported $6,025 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,466 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 rose from 0.020% to 0.022%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other utilities employers. By assets it is the 809th-largest of 2,619 plans among Michigan employers on file, and 231st of 412 in utilities. In 2025, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 102 to 113 since 2022.

Plan summary
Net assets, end of year$29,007,431
Participants with balances129
Active participants113
Employer contributions$617,695
Employee contributions$1,375,258
Employer contribution per active participant$5,466
Average account balance$224,864
Benefits paid to participants$2,986,853
Plan auditUnmodified (clean) audit opinion
AuditorD.K.WEISS,HOLT & ASSOCIATES, PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$29.0M · 129 accts · $618K emplr
2024$25.4M · 128 accts · $596K emplr
2023$22.1M · 128 accts · $538K emplr
2022$18.9M · 124 accts · $485K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$553
Investment management$5,472
Total administrative$6,025
The Wolverine Power Supply Cooperative, Inc. 401(k) match · 2025
Employer contribution per active participant$5,466
Median for plans this size$2,666
2025$5,466 per active participant
2024$5,366 per active participant
2023$4,849 per active participant
2022$4,754 per active participant

Wolverine Power Supply Cooperative, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$553
MESIROW FINANCIAL, INC · Investment advisory (plan)$5,472

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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

Administrative cost history4
2025$6,025 · 0.02%
2024$5,453 · 0.02%
2023$5,721 · 0.03%
2022$4,103 · 0.02%
Same employer
Similar plansUtilities · Michigan
Midwest Energy Cooperative MI$27.4M · 0.39%
Edl Holdings (US), Inc. MI$23.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381326766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.