Plan Ledger DOL Form 5500 · updated monthly

Wood Fiber Holdings, Inc.401(k)

WOOD FIBER HOLDINGS, INC. RETIREMENT PLAN · FITCHBURG, MA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Wood Fiber Holdings, Inc. reported $80,159 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,118 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 1 year on file its reported administrative ratio fell from 0.41% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 932nd-largest of 2,726 plans among Massachusetts employers on file, and the 4,156th of 13,661 in manufacturing. In 2023, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,549,891
Participants with balances1,219
Active participants942
Employer contributions$1,052,881
Employee contributions$1,594,989
Employer contribution per active participant$1,118
Average account balance$27,522
Benefits paid to participants$2,485,129
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$33.5M · 1,219 accts · $1.1M emplr
2022$29.3M · 523 accts · $1.0M emplr
The Wood Fiber Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$1,118
Median for plans this size$2,440
2023$1,118 per active participant
2022$2,701 per active participant

Wood Fiber Holdings, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MMA SECURITIES,LLC · Investment advisory (plan)indirect comp
CARON & BLETZR, PLLC · Accounting / auditindirect comp
COMPASS 360,LLC · Accounting / audit · Plan administratorindirect 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
2023$80,159 · 0.26%
2022$138,664 · 0.41%
Similar plansManufacturing · Massachusetts
Wellness Pet Company MA$34.5M · 0.16%
Morphosys US Inc. MA$34.2M · 0.10%
Medica Corporation MA$33.6M · 0.09%
Sirtex Medical, Inc. MA$32.4M · 0.38%
Partner Therapeutics, Inc. MA$32.4M · 0.02%
Lenze Americas Corporation MA$32.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823773071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.