Plan Ledger DOL Form 5500 · updated monthly

W.P. Malone, Inc.401(k)

W.P. MALONE, INC. 401(K) PLAN · ARKADELPHIA, AR · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

W.P. Malone, Inc. reported $3,750 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $616 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 0.04% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arkansas (246th of 456), and 2,909th of 5,215 in retail trade. In 2023, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,628,154
Participants with balances141
Active participants174
Employer contributions$107,225
Employee contributions$334,568
Employer contribution per active participant$616
Average account balance$61,193
Benefits paid to participants$2,116,978
Plan auditUnmodified (clean) audit opinion
AuditorHOGANTAYLOR
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 135 accts · $82K emplr
2023$8.6M · 141 accts · $107K emplr
2022$8.2M · 154 accts · $109K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,750
Total administrative$3,750
The W.P. Malone, Inc. 401(k) match · 2023
Employer contribution per active participant$616
Median for plans this size$1,308
2024$410 per active participant
2023$616 per active participant
2022$588 per active participant

W.P. Malone, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASCENSUS LLC · Loan processing · Recordkeeping$3,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,041 · 0.07%
2023$3,750 · 0.04%
2022$2,885 · 0.04%
Similar plansRetail Trade · Arkansas
The Winrock Group, Inc. AR$10.8M · 0.38%
Hays Food Town, Inc. AR$9.8M · 0.35%
Ges, Inc. AR$7.8M · 0.61%
Smart Chevrolet Co. AR$7.4M · 0.63%
Hays Food Town, Inc. AR$7.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710434491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.