Plan Ledger DOL Form 5500 · updated monthly

De Wafelbakkers, LLC401(k)

DE WAFELBAKKERS 401(K) PROFIT SHARING PLAN AND TRUST · N LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

De Wafelbakkers, LLC reported $32,824 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $666 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 2 years on file its reported administrative ratio rose from 0.33% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arkansas (266th of 456), and 10,041st of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 196 to 548 since 2022.

Plan summary
Net assets, end of year$7,227,292
Participants with balances195
Active participants548
Employer contributions$365,074
Employee contributions$622,044
Employer contribution per active participant$666
Average account balance$37,063
Benefits paid to participants$648,260
Plan auditUnmodified (clean) audit opinion
AuditorBROWN ROGERS & CO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 195 accts · $365K emplr
2023$6.1M · 155 accts · $290K emplr
2022$5.3M · 158 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,744
Investment management$18,080
Total administrative$32,824
The De Wafelbakkers, LLC 401(k) match · 2024
Employer contribution per active participant$666
Median for plans this size$1,313
2024$666 per active participant
2023$603 per active participant
2022$1,305 per active participant

De Wafelbakkers, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$18,000
JPMORGAN INVEST HOLDINGS LLC$855
EMPOWER ADVISORY GROUP, LLC · Investment management$180

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$32,824 · 0.49%
2023$39,854 · 0.70%
2022$19,557 · 0.33%
Same employer
Similar plansManufacturing · Arkansas
Pipelife Jet Stream, Inc. AR$9.5M · 0.13%
Bad Boy Mowers AR$7.9M · 2.14%
Optus Inc AR$7.6M · 0.51%
Pinnacle Structures, Inc. AR$6.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261812271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.