Plan Ledger DOL Form 5500 · updated monthly

Wunderlich-Malec Engineering, Inc.ESOP

WUNDERLICH-MALEC ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN · EDEN PRAIRIE, MN · plan year 2024

Employer contribution per participant · 2024
$10,699

Wunderlich-Malec Engineering, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $187,704,231 across 615 participant accounts, with employer contributions averaging $10,699 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 173rd-largest of 1,918 plans among Minnesota employers on file, and the 850th of 11,654 in professional & technical services. active participation has grown from 500 to 566 since 2022.

Plan summary
Net assets, end of year$187,704,231
Participants with balances615
Active participants566
Employer contributions$6,055,780
Employee contributions—
Employer contribution per active participant$10,699
Average account balance$305,210
Benefits paid to participants$3,574,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$187.7M · 615 accts · $6.1M emplr
2023$147.3M · 585 accts · $5.6M emplr
2022$122.5M · 542 accts · $4.9M emplr
Employer contributions to the Wunderlich-Malec Engineering, Inc. plan · 2024
Employer contribution per active participant$10,699
Median for plans this size$3,635
2024$10,699 per active participant
2023$10,324 per active participant
2022$9,854 per active participant

Wunderlich-Malec Engineering, Inc.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
WUNDERLICH-MALEC ENGINEERING PROFIT SHARING AND SALARY REDUCTION PLAN401(k)
WUNDERLICH-MALEC ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 411412464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.