Plan Ledger DOL Form 5500 · updated monthly

W R Systems, LTD.401(k)

W R SYSTEMS, LTD 401(K) PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

W R Systems, LTD. reported $17,321 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,314 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 0.035% to 0.029%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 406th-largest of 2,266 plans among Virginia employers on file, and the 2,229th of 11,654 in professional & technical services. In 2024, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,975,996
Participants with balances444
Active participants379
Employer contributions$877,080
Employee contributions$2,895,287
Employer contribution per active participant$2,314
Average account balance$144,090
Benefits paid to participants$4,841,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.0M · 444 accts · $877K emplr
2023$57.1M · 455 accts · $842K emplr
2022$48.7M · 440 accts · $836K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,321
Total administrative$17,321
The W R Systems, LTD. 401(k) match · 2024
Employer contribution per active participant$2,314
Median for plans this size$3,635
2024$2,314 per active participant
2023$2,147 per active participant
2022$2,341 per active participant

W R Systems, LTD.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,321
TAYLOR, SIDNEY K. · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$17,321 · 0.03%
2023$19,134 · 0.04%
2022$18,807 · 0.03%
Similar plansProfessional & Technical Services · Virginia
Pbmares LLP VA$65.8M · 0.12%
Mythics, LLC VA$65.4M · 0.13%
Strategic Analysis, Inc. VA$64.7M · 0.11%
Cbeyondata, LLC VA$63.7M · 0.16%
Infovista Corporation VA$62.4M · 0.43%
Institute for Justice VA$62.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133174154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.