Plan Ledger DOL Form 5500 · updated monthly

Ascensus, LLC.401(k)

R. P. WEDDELL & SONS CO. RETIREMENT SAVINGS PLAN · DRESHER, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Ascensus, LLC. reported $10,793 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,758 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 1.71% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 126th-largest of 3,651 plans among Pennsylvania employers on file, and the 265th of 4,798 in finance & insurance. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 315 to 4,858 since 2022.

Plan summary
Net assets, end of year$621,764,246
Participants with balances5,972
Active participants4,858
Employer contributions$13,398,881
Employee contributions$39,794,102
Employer contribution per active participant$2,758
Average account balance$104,113
Benefits paid to participants$57,447,180
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$621.8M · 5,972 accts · $13.4M emplr
2023$538.5M · 5,930 accts · $13.2M emplr
2022$3.3M · 317 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,940
Investment management$7,853
Total administrative$10,793
The Ascensus, LLC. 401(k) match · 2024
Employer contribution per active participant$2,758
Median for plans this size$4,294
2024$2,758 per active participant
2023$2,662 per active participant
2022$4,709 per active participant

Ascensus, LLC.'s 2024 employer contribution ran below the $4,294 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 · 202410
MORNINGSTAR · Investment advisory (participants)$7,853
AMERICAN CENTURY INVESTMENTSindirect comp
JP MORGANindirect comp
VANGUARD FUNDSindirect comp
BLACKROCKindirect comp
CAPITAL RESEARCH AND MANAGEMENTindirect comp
DODGE & COXindirect comp
COLUMBIA MANAGEMENT INV. ADV.indirect comp
PUTNAMindirect comp
MFS FUNDSindirect comp

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$10,793 · 0.00%
2023$9,818 · 0.00%
2022$48,564 · 1.71%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Janney Montgomery Scott LLC PA$766.2M · 0.00%
Federated Hermes, Inc. PA$693.5M · 0.04%
Fulton Financial Corporation PA$639.8M · 0.04%
F.N.B. Corporation PA$603.2M · 0.07%
Capital Blue Cross PA$507.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113665754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.