Plan Ledger DOL Form 5500 · updated monthly

Wyo-Ben, Inc.401(k)

WYO-BEN, INC. 401(K) RETIREMENT PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Wyo-Ben, Inc. reported $74,524 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,897 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 0.32%. 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 54th-largest of 229 plans among Montana employers on file, and the 4,789th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 136 to 283 since 2022.

Plan summary
Net assets, end of year$27,564,219
Participants with balances314
Active participants283
Employer contributions$1,102,861
Employee contributions$1,410,429
Employer contribution per active participant$3,897
Average account balance$87,784
Benefits paid to participants$4,262,787
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 314 accts · $1.1M emplr
2023$19.1M · 191 accts · $544K emplr
2022$14.8M · 160 accts · $457K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,636
Investment management$40,888
Total administrative$74,524
The Wyo-Ben, Inc. 401(k) match · 2024
Employer contribution per active participant$3,897
Median for plans this size$2,416
2024$3,897 per active participant
2023$3,490 per active participant
2022$3,362 per active participant

Wyo-Ben, Inc.'s 2024 employer contribution ran above 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
FIRST INTERSTATE BANK OF COMMERCE · Investment advisory (plan)$40,888
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,636

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$74,524 · 0.32%
2023$56,488 · 0.33%
2022$53,444 · 0.33%
Same employer
Similar plansManufacturing · Montana
Stageright Corporation MI$27.6M · 0.30%
Beckett Gas, Inc. OH$27.6M · 0.11%
Sl America Corporation TN$27.6M · 0.14%
Fritz Enterprises, Inc. MI$27.6M · 0.30%
Surteco USA Inc. NC$27.6M · 0.39%
Kay Automotive Graphics MI$27.6M · 0.33%
Hyde Park Partners, Inc. NC$27.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810291876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.