Plan Ledger DOL Form 5500 · updated monthly

Wsb LLC401(k)

WSB & ASSOCIATES, INC. 401(K) NEW COMPARABILITY PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Wsb LLC reported $121,494 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,676 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 fell from 0.18% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 233rd-largest of 1,918 plans among Minnesota employers on file, and the 1,241st of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 623 to 1,329 since 2022.

Plan summary
Net assets, end of year$123,909,696
Participants with balances1,423
Active participants1,329
Employer contributions$3,556,641
Employee contributions$8,104,732
Employer contribution per active participant$2,676
Average account balance$87,076
Benefits paid to participants$14,299,670
Plan auditUnmodified (clean) audit opinion
AuditorELLINGSON & ELLINGSON, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$123.9M · 1,423 accts · $3.6M emplr
2023$90.6M · 936 accts · $3.0M emplr
2022$70.9M · 836 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,834
Investment management$51,660
Total administrative$121,494
The Wsb LLC 401(k) match · 2024
Employer contribution per active participant$2,676
Median for plans this size$3,635
2024$2,676 per active participant
2023$4,046 per active participant
2022$4,740 per active participant

Wsb LLC's 2024 employer contribution ran below the $3,635 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
RESOURCE INVESTMENT ADVISORS · Investment advisory (participants)$51,660

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$121,494 · 0.11%
2023$137,580 · 0.17%
2022$133,209 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Braun Intertec Corporation MN$139.8M · 0.13%
Cygnus Home Service, LLC MN$133.8M · 0.30%
Kldiscovery Holdings Inc. MN$125.9M · 0.09%
Sch Services, Inc. MN$119.4M · 0.04%
Srf Consulting Group, Inc. MN$101.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411820018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.