Plan Ledger DOL Form 5500 · updated monthly

W.S. Newell & Sons, Inc.401(k)

NEWELL CORPORATE GROUP 401(K) PROFIT SHARING PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

W.S. Newell & Sons, Inc. reported $29,252 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $982 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 0.45% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (562nd of 902), and 3,673rd of 5,337 in construction. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,458,422
Participants with balances71
Active participants98
Employer contributions$96,280
Employee contributions$120,020
Employer contribution per active participant$982
Average account balance$90,964
Benefits paid to participants$328,545
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON THORNTON & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 71 accts · $96K emplr
2023$6.0M · 109 accts · $100K emplr
2022$5.2M · 109 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,934
Investment management$11,318
Total administrative$29,252
The W.S. Newell & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$982
Median for plans this size$1,313
2024$982 per active participant
2023$943 per active participant
2022$1,011 per active participant

W.S. Newell & Sons, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$17,935
CAPSOUTH PARTNERS, INC. · Consulting · Investment advisory (plan)$11,151

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$29,252 · 0.47%
2023$24,823 · 0.44%
2022$26,668 · 0.45%
Similar plansConstruction · Alabama
Rj Mechanical, Inc. AL$7.5M · 0.05%
Physical Security, LLC AL$4.3M · 0.49%
H. O. Weaver & Sons, Inc. AL$4.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630679583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.