Department of Labor filing

WAGMAN INC.

THE PROFIT SHARING AND RETIREMENT PLAN OF WAGMAN, INC. · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

85filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$15,977

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

576

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$93 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 56% of comparable plans

↗Investment performance

Not available

Plan assets changed 16.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202485out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $1,835 · based on 112 comparable plans

Lower reported administrative expense56th percentileTypical peer $106 · based on 113 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, WAGMAN INC. reported $9,203,002 in employer contributions across the plan and 576 active participants. That works out to $15,977 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy80%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 60.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 53.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context85/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $9,203,002
Participant contributions: $3,304,709
Other contributions: $431,362
Employer share of reported contributions: 73.6%
Beginning assets: $80,469,645
Ending assets: $93,474,761
Ending net assets: $93,474,761
Ending liabilities: $0
Total income: $22,057,278
Total expenses: $9,052,162
Administrative expenses: $61,623
Participant loans: $2,574,715

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$9,962

2023

$14,643

2024

$15,977

Plan-paid administrative expenses per participant

2022

$202

2023

$234

2024

$93

Active participants

2022

414

2023

467

2024

576

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$15,977	576	93.5M	20251002130012NAL0000830896001
2023	$14,643	467	80.5M	20240910133931NAL0006932737001
2022	$9,962	414	65.5M	20230825100455NAL0000687440001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 232200489-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1987
Industry: Construction
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
VANGUARD MARKETING CORP	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251002130012NAL0000830896001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗