Plan Ledger DOL Form 5500 · updated monthly

W.R. Meadows, Inc.401(k)

W.R. MEADOWS, INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN AND TRUST · HAMPSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

W.R. Meadows, Inc. reported $16,725 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,830 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,042nd-largest of 3,702 plans among Illinois employers on file, and the 3,548th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,235,213
Participants with balances517
Active participants434
Employer contributions$1,228,316
Employee contributions$2,069,852
Employer contribution per active participant$2,830
Average account balance$81,693
Benefits paid to participants$4,993,790
Plan auditUnmodified (clean) audit opinion
AuditorPASQUESI SHEPPARD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.2M · 517 accts · $1.2M emplr
2023$38.3M · 511 accts · $1.2M emplr
2022$36.2M · 495 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,725
Total administrative$16,725
The W.R. Meadows, Inc. 401(k) match · 2024
Employer contribution per active participant$2,830
Median for plans this size$2,416
2024$2,830 per active participant
2023$2,741 per active participant
2022$2,669 per active participant

W.R. Meadows, Inc.'s 2024 employer contribution ran above 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 · 20243
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$16,725
SUN LIFE ASSURANCE CO. OF CANADA · Insurance services$2,799
NORTHWEST MUTUAL · Insurance services$1,038

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$16,725 · 0.04%
2023$15,950 · 0.04%
2022$18,465 · 0.05%
Same employer
Similar plansManufacturing · Illinois
Westell Technologies, Inc. IL$42.9M · 0.20%
Union Partners I LLC IL$42.5M · 0.33%
Th Foods, Inc. IL$42.3M · 0.01%
Flender Corporation IL$42.1M · 0.19%
Jst Corporation IL$41.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361460730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.