Plan Snapshot
- Plan Sponsor: Wenger Corporation
- Sponsor EIN: 410759858
- Sponsor Address: 555 PARK DR, OWATONNA, MN, 550604940
- Plan Type: 401(k)
- Total Participants: 557
- Total Assets: $108.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 557 | $108.4M | $2.1M | $3.2M |
| 2023 | 550 | $98.3M | $2.9M | $3.1M |
| 2022 | 534 | $87.0M | $2.5M | $2.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $45,256 | — | $45,256 |
| CHRISTENSEN GROUP FINANCIAL LLC | Investment Advisor | $30,000 | — | $30,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $17,147 | — | $17,147 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- CHRISTENSEN GROUP FINANCIAL LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,403
- Estimated Expense Ratio: 0.085% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $92,403 | $47,147 | $300 | — | — |
| 2023 | $86,512 | $42,304 | $1,200 | — | — |
| 2022 | $93,627 | $8,040 | — | — | — |