Plan Ledger DOL Form 5500 · updated monthly

Patrick K Willis Company Inc401(k)

P K WILLIS COMPANY INC 401K PLAN · EL DORADO HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Patrick K Willis Company Inc reported $35,397 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $348 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 3 years on file its reported administrative ratio has held roughly steady near 0.506%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (6,127th of 9,483), and the 1,172nd of 2,534 in administrative & support services. In 2024, employees put in $7.79 for every $1.00 the employer contributed; active participation has grown from 260 to 302 since 2022.

Plan summary
Net assets, end of year$7,650,439
Participants with balances213
Active participants302
Employer contributions$105,143
Employee contributions$818,975
Employer contribution per active participant$348
Average account balance$35,918
Benefits paid to participants$529,803
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 213 accts · $105K emplr
2023$6.3M · 204 accts · $96K emplr
2022$4.6M · 202 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,001
Investment management$33,396
Total administrative$35,397
The Patrick K Willis Company Inc 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$1,313
2024$348 per active participant
2023$345 per active participant
2022$338 per active participant

Patrick K Willis Company Inc's 2024 employer contribution ran below the $1,313 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 · 20243
WOODRUFF SAWYER & CO · Recordkeeping · Trustee$33,396
ADP, INC. · Recordkeeping$2,001
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, WOODRUFF SAWYER & CO
2023ADP, WOODRUFF SAWYER & CO

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Administrative cost history3
2024$35,397 · 0.51%
2023$26,710 · 0.49%
2022$25,594 · 0.51%
Same employer
Similar plansAdministrative & Support Services · California
Vivant Health LLC CA$8.2M · 0.54%
California Payroll Group CA$8.1M · 0.41%
Medely, Inc. CA$8.0M · 1.13%
Rev Agency, LLC CA$7.9M · 0.20%
Inconen Corporation CA$7.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943394523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.