Wisconsin › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Apr 2024 to 31 Mar 2025
Worzalla, Inc. Employee Stock Ownership Plan
Sponsored by Worzalla, Inc., Stevens Point, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Mar 2025, Worzalla, Inc. Employee Stock Ownership Plan covered 631 participants and held $45.9M in net assets. The plan is an employee stock ownership plan sponsored by Worzalla, Inc. of Stevens Point, Wisconsin.
Net assets came to $72,669 per participant, well above the $46,267 median for defined contribution plans with 500 to 999 participants and above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $171K: $272 per participant, well above the same-size median of $113. Administrative expenses charged to the plan were $224K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $12.4M in 2009 to $45.9M in 2024 (up 268%), and participants from 487 to 631 (up 30%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $72,669 | $46,267 | $62,303 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $2,187 | $2,175 |
| Schedule C compensation per participant | $272 | $113 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.37% | 0.25% | 0.24% | 0.26% |
| Administrative expenses per participant | $355 | $109 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 631 | $45.9M | $72,669 | — | — | $171K |
| 2023 | 628 | $40.9M | $65,134 | — | — | $74K |
| 2022 | 628 | $44.2M | $70,385 | $1.8M | — | $0 |
| 2021 | 597 | $34.1M | $57,171 | $1.6M | — | $0 |
| 2020 | 563 | $27.3M | $48,430 | $950K | — | $0 |
| 2019 | 552 | $18.5M | $33,562 | $1.1M | — | $0 |
| 2018 | 503 | $22.6M | $44,954 | $1.1M | — | $0 |
| 2017 | 489 | $19.7M | $40,239 | $816K | — | $0 |
| 2016 | 471 | $15.9M | $33,762 | $856K | — | $0 |
| 2015 | 472 | $15.1M | $31,909 | $942K | — | $0 |
| 2014 | 461 | $16.3M | $35,252 | $594K | — | $0 |
| 2013 | 437 | $15.2M | $34,716 | $578K | — | $0 |
| 2012 | 422 | $14.1M | $33,472 | $590K | — | $0 |
| 2011 | 441 | $12.5M | $28,342 | $684K | — | $0 |
| 2010 | 453 | $13.0M | $28,609 | $553K | — | $0 |
| 2009 | 487 | $12.4M | $25,565 | $451K | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$40,903,744
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$6,544,075
- Benefits paid$1,369,610
- Administrative expenses$223,845
- Total expenses$1,593,455
- Net income$4,950,620
- Net transfers$0
- Net assets, end of year$45,854,364
Participants
- Active participants194
- Retired or separated, receiving benefits278
- Retired or separated, entitled to future benefits147
- Participants with account balances631
- Total participants, end of year631
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Morgan Stanley | Investment management; Investment advisory (plan); Other services | $116,429 | $0 |
| Grant Thornton | Accounting (including auditing) | $50,000 | $0 |
| Comstock Valuation Advisors | Accounting (including auditing); Valuation (appraisals, etc.) | $5,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$116,429
- IQPA audit fees$50,000
- Recordkeeping fees$40,144
- Legal fees$12,082
- Valuation and appraisal fees$5,000
- Trustee and custodial fees$190
- Total administrative expenses$223,845
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$45.9M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmGrant Thornton LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities2EProfit-sharing plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 323100: Printing & Related Support Activities.
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Foremost Farms USA 401(k) Savings Plan | Foremost Farms USA | 632 | $67.4M | $106,676 |
| Nord Gear Corporation 401(k) Profit Sharing Plan | Nord Gear Corporation | 621 | $42.2M | $67,898 |
| Waukesha Gas Engines 401(k) Plan | Innio Waukesha Gas Engines, Inc. | 640 | $62.8M | $98,199 |
| Madison-Kipp Retirement Savings Plan | Madison-Kipp Corporation | 612 | $30.3M | $49,436 |
| United Alloy, Inc. 401(k) Employee Savings Plan | United Alloy Inc. | 655 | $12.5M | $19,019 |
| J.W. Speaker Corporation 401 (K) Plan | J.W. Speaker Corporation | 612 | $48.7M | $79,549 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Worzalla, Inc. Employee Stock Ownership Plan?
631 participants at the end of the plan year ending 31 Mar 2025, of whom 194 were active employees, with net assets of $45,854,364. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Worzalla, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $171,429 in compensation to service provider organisations, $272 per participant or 0.37% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $223,845. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Worzalla, Inc.. Investment advisory or management: Morgan Stanley. The financial statements were audited by Grant Thornton LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Apr 2024 to 31 Mar 2025, received by the Department of Labor on 15 Jan 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 39-0722190, plan 003, received 15 Jan 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.