Plan Ledger DOL Form 5500 · updated monthly

W&B Service Company, L.P.401(k)

W&B SERVICE COMPANY, L.P. 401(K) RETIREMENT PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

W&B Service Company, L.P. reported $99,967 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $727 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 0.56% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,858th-largest of 5,688 plans among Texas employers on file, and the 673rd of 2,677 in transportation & warehousing. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 448 to 753 since 2022.

Plan summary
Net assets, end of year$22,758,092
Participants with balances647
Active participants753
Employer contributions$547,674
Employee contributions$2,035,484
Employer contribution per active participant$727
Average account balance$35,175
Benefits paid to participants$2,071,217
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 647 accts · $548K emplr
2023$18.4M · 587 accts · $545K emplr
2022$14.5M · 512 accts · $488K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,234
Investment management$36,733
Total administrative$99,967
The W&B Service Company, L.P. 401(k) match · 2024
Employer contribution per active participant$727
Median for plans this size$2,416
2024$727 per active participant
2023$920 per active participant
2022$1,089 per active participant

W&B Service Company, L.P.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,234
FROST BANK · Investment advisory (plan)$36,733

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$99,967 · 0.49%
2023$79,530 · 0.48%
2022$86,560 · 0.56%
Same employer
Similar plansTransportation & Warehousing · Texas
Wilhelmsen Ships Service TX$23.6M · 0.23%
Fracht Fwo Inc. TX$23.1M · 0.12%
Alan Ritchey, Inc. TX$21.7M · 0.26%
Excelerate Energy LP TX$20.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752962625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.