Plan Ledger DOL Form 5500 · updated monthly

L.E. Wooten & Company dba the Wooten Company401(k)

L.E. WOOTEN & COMPANY PROFIT SHARING SAVINGS PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

L.E. Wooten & Company dba the Wooten Company reported $58,865 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,835 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 0.32% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 732nd-largest of 2,005 plans among North Carolina employers on file, and the 5,506th of 11,654 in professional & technical services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,198,276
Participants with balances129
Active participants100
Employer contributions$483,479
Employee contributions$869,382
Employer contribution per active participant$4,835
Average account balance$156,576
Benefits paid to participants$3,166,335
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPERLLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 129 accts · $483K emplr
2023$19.7M · 133 accts · $356K emplr
2022$18.1M · 130 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,224
Investment management$39,641
Total administrative$58,865
The L.E. Wooten & Company dba the Wooten Company 401(k) match · 2024
Employer contribution per active participant$4,835
Median for plans this size$2,416
2024$4,835 per active participant
2023$3,709 per active participant
2022$3,021 per active participant

L.E. Wooten & Company dba the Wooten Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$39,641
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,224

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$58,865 · 0.30%
2023$56,669 · 0.30%
2022$62,833 · 0.32%
Similar plansProfessional & Technical Services · North Carolina
Ems Linq Inc NC$20.8M · 0.03%
McGill Associates, P.A. NC$20.7M · 0.40%
James S. Farrin P.C. NC$19.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560509703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.