Plan Ledger DOL Form 5500 · updated monthly

W&P Management, LLC401(k)

W&P MANAGEMENT PROFIT SHARING AND 401(K) PLAN · UTICA, MI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

W&P Management, LLC reported $117,581 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,697 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 0.34% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 811th-largest of 2,619 plans among Michigan employers on file, and the 465th of 2,534 in administrative & support services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 429 to 486 since 2022.

Plan summary
Net assets, end of year$28,961,930
Participants with balances372
Active participants486
Employer contributions$824,780
Employee contributions$1,778,203
Employer contribution per active participant$1,697
Average account balance$77,855
Benefits paid to participants$2,733,763
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 372 accts · $825K emplr
2023$25.3M · 362 accts · $758K emplr
2022$20.6M · 310 accts · $691K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,581
Investment management$54,550
Audit (IQPA)$18,450
Total administrative$117,581
The W&P Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,697
Median for plans this size$2,416
2024$1,697 per active participant
2023$1,667 per active participant
2022$1,610 per active participant

W&P Management, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
GREGORY J SCHWARTZ & COMPANY INC · Investment advisory (plan)$49,642
UHY LLP · Accounting / audit$18,450
EMPOWER ADVISORY GROUP, LLC · Investment management$4,908

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$117,581 · 0.43%
2023$103,389 · 0.45%
2022$76,928 · 0.34%
Same employer
Similar plansAdministrative & Support Services · Michigan
Morley Companies, Inc. MI$46.8M · 0.29%
Bio-Serv Corporation MI$35.5M · 0.27%
Exhibit Works, Inc. MI$31.9M · 0.41%
Rdv Staffing, Inc. MI$27.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383639540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.