Plan Ledger DOL Form 5500 · updated monthly

The Witmer Group, LLC401(k)

THE WITMER GROUP RETIREMENT PLAN · MOUNT JOY, PA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

The Witmer Group, LLC reported $138,455 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,215 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 0.52% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,353rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,748th of 5,337 in construction. In 2024, the employer put in $2.85 for every $1.00 employees contributed themselves; active participation has grown from 186 to 205 since 2022.

Plan summary
Net assets, end of year$24,761,174
Participants with balances260
Active participants205
Employer contributions$2,094,168
Employee contributions$734,655
Employer contribution per active participant$10,215
Average account balance$95,235
Benefits paid to participants$1,490,116
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 260 accts · $2.1M emplr
2023$20.8M · 244 accts · $1.4M emplr
2022$17.9M · 247 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,455
Total administrative$138,455
The The Witmer Group, LLC 401(k) match · 2024
Employer contribution per active participant$10,215
Median for plans this size$2,416
2024$10,215 per active participant
2023$7,218 per active participant
2022$7,815 per active participant

The Witmer Group, LLC'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 · 20245
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan) · Trustee (directed)$54,217
RKL LLP · Accounting / audit$19,623
DUNBAR BENDER & ZAPF INC. · Contract administrator$13,937
EMPOWER ADVISORY GROUP, LLC · Investment management$3,273

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$138,455 · 0.61%
2023$108,145 · 0.56%
2022$99,891 · 0.52%
Same employer
Similar plansConstruction · Pennsylvania
Caddick Utilities LLC PA$25.6M · 0.27%
Riggs Industries, Inc. PA$25.5M · 0.00%
Oliver Sprinkler Co., Inc. PA$25.0M · 0.67%
S & a Homes, Inc. PA$25.0M · 0.31%
Vibra-Tech Engineers, Inc. PA$24.0M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474148551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.