Plan Ledger DOL Form 5500 · updated monthly

Wachter, Inc.401(k)

WACHTER EMPLOYEES' 401(K) PROFIT SHARING PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Wachter, Inc. reported $111,604 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,243 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 0.11% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 83rd-largest of 828 plans among Kansas employers on file, and the 251st of 3,341 in other services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 1,212 to 1,464 since 2022.

Plan summary
Net assets, end of year$79,850,379
Participants with balances1,687
Active participants1,464
Employer contributions$3,283,391
Employee contributions$6,957,124
Employer contribution per active participant$2,243
Average account balance$47,333
Benefits paid to participants$7,030,422
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.9M · 1,687 accts · $3.3M emplr
2023$66.3M · 1,529 accts · $2.8M emplr
2022$53.9M · 1,468 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,604
Total administrative$111,604
The Wachter, Inc. 401(k) match · 2024
Employer contribution per active participant$2,243
Median for plans this size$3,635
2024$2,243 per active participant
2023$2,100 per active participant
2022$2,104 per active participant

Wachter, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$111,604
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp
CBIZ CPAS P.C. · Accounting / auditindirect 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$111,604 · 0.15%
2023$70,635 · 0.12%
2022$62,820 · 0.11%
Same employer
Similar plansOther Services · Kansas
Blue Beacon, Inc. KS$147.1M · 0.30%
Opus Inspection, Inc. CT$80.5M · 0.18%
Nsmg Shared Services, LLC TX$80.5M · 0.29%
Volume Integration, LLC VA$78.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481238438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.