Plan Ledger DOL Form 5500 · updated monthly

W. Douglass Distributing LTD.401(k)

W. DOUGLASS DISTRIBUTING LTD. 401K PLAN · SHERMAN, TX · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

W. Douglass Distributing LTD. reported $1,641 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,667 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 0.02% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,137th of 5,688), and 2,740th of 5,215 in retail trade. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,467,688
Participants with balances120
Active participants111
Employer contributions$296,066
Employee contributions$443,568
Employer contribution per active participant$2,667
Average account balance$78,897
Benefits paid to participants$323,451
Plan auditUnmodified (clean) audit opinion
AuditorADAMI, LINDSEY & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$117
2023$8.6M · 111 accts · $237K emplr
2022$9.5M · 120 accts · $296K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,641
Total administrative$1,641
The W. Douglass Distributing LTD. 401(k) match · 2022
Employer contribution per active participant$2,667
Median for plans this size$2,266

W. Douglass Distributing LTD.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$17,395 · 0.40%
2023$1,906 · 0.02%
2022$1,641 · 0.02%
Same employer
Similar plansRetail Trade · Texas
Sav-More Drug, LLC TX$9.7M · 0.55%
Bob Tomes Ford, Inc. 2 TX$9.6M · 0.32%
Robbins Chevrolet Company TX$9.5M · 0.03%
Jordan Ford, LTD TX$9.5M · 0.73%
Tri-Supply LLC TX$9.4M · 0.48%
Alamo City Motors Inc TX$9.3M · 0.08%
McCourt Equipment TX$9.3M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752685770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.