Plan Ledger DOL Form 5500 · updated monthly

Wright & McGill Company401(k)

WRIGHT & MCGILL COMPANY 401(K) PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Wright & McGill Company reported $94,283 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,674 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 has held roughly steady near 0.42%. 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 the 439th-largest of 1,461 plans among Colorado employers on file, and the 5,247th of 13,661 in manufacturing. In 2024, employees put in $4.11 for every $1.00 the employer contributed; active participation has shrunk from 210 to 180 since 2022.

Plan summary
Net assets, end of year$24,095,148
Participants with balances222
Active participants180
Employer contributions$301,303
Employee contributions$1,239,861
Employer contribution per active participant$1,674
Average account balance$108,537
Benefits paid to participants$2,274,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 222 accts · $301K emplr
2023$21.0M · 245 accts · $372K emplr
2022$18.3M · 256 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,311
Investment management$23,972
Total administrative$94,283
The Wright & McGill Company 401(k) match · 2024
Employer contribution per active participant$1,674
Median for plans this size$2,416
2024$1,674 per active participant
2023$1,918 per active participant
2022$1,877 per active participant

Wright & McGill Company'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,311
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$23,972

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$94,283 · 0.42%
2023$93,279 · 0.47%
2022$82,775 · 0.40%
Same employer
Similar plansManufacturing · Colorado
First Rf Corporation CO$27.0M · 0.01%
Circle Graphics Inc. CO$25.7M · 0.89%
Dpix, LLC CO$25.7M · 0.25%
Honeybee Robotics LLC CO$24.1M · 0.10%
Quantinuum LLC CO$21.9M · 0.33%
Boa Technology Inc. CO$21.2M · 0.03%
Odell Brewing Company CO$20.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840357930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.