Plan Ledger DOL Form 5500 · updated monthly

Eastern Wholesale Fence, LLC401(k)

EASTERN WHOLESALE FENCE, LLC 401(K) PLAN · MEDFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Eastern Wholesale Fence, LLC reported $76,626 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,170 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 fell from 0.60% to 0.46%. 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 2,735th-largest of 5,648 plans among New York employers on file, and the 6,489th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 503 to 573 since 2022.

Plan summary
Net assets, end of year$17,347,147
Participants with balances283
Active participants573
Employer contributions$670,247
Employee contributions$1,281,002
Employer contribution per active participant$1,170
Average account balance$61,297
Benefits paid to participants$2,333,964
Plan auditUnmodified (clean) audit opinion
AuditorGREER & WALKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 283 accts · $670K emplr
2023$15.8M · 310 accts · $748K emplr
2022$10.4M · 259 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,745
Investment management$60,881
Total administrative$76,626
The Eastern Wholesale Fence, LLC 401(k) match · 2024
Employer contribution per active participant$1,170
Median for plans this size$2,416
2024$1,170 per active participant
2023$1,218 per active participant
2022$1,139 per active participant

Eastern Wholesale Fence, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$15,745
WEALTH ENHANCEMENT ADVISORY SERVICE · Investment advisory (plan)$60,881

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,626 · 0.46%
2023$71,053 · 0.54%
2022$63,549 · 0.60%
Same employer
Similar plansManufacturing · New York
Flower City Group, Inc. NY$17.6M · 0.43%
Tmp Technologies, Inc. NY$17.5M · 0.10%
Transonic Systems Inc. NY$17.5M · 0.01%
Roland Foods, LLC NY$16.8M · 0.63%
Adaptec Solutions, LLC NY$16.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820906793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.