Plan Ledger DOL Form 5500 · updated monthly

Waco, Inc.401(k)

WACO, INC. 401(K) RETIREMENT & SAVINGS PLAN · SANDSTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Waco, Inc. reported $61,871 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $369 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 786th-largest of 2,266 plans among Virginia employers on file, and the 1,624th of 5,337 in construction. In 2024, employees put in $5.52 for every $1.00 the employer contributed; active participation has shrunk from 617 to 405 since 2022.

Plan summary
Net assets, end of year$27,618,284
Participants with balances141
Active participants405
Employer contributions$149,440
Employee contributions$824,317
Employer contribution per active participant$369
Average account balance$195,874
Benefits paid to participants$1,685,503
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 141 accts · $149K emplr
2023$23.4M · 152 accts · $150K emplr
2022$19.0M · 141 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,228
Audit (IQPA)$13,850
Total administrative$61,871
The Waco, Inc. 401(k) match · 2024
Employer contribution per active participant$369
Median for plans this size$2,416
2024$369 per active participant
2023$380 per active participant
2022$218 per active participant

Waco, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$17,228
MIDATLANTIC CAPITAL MANAGEMENT · Investment advisory (plan)$30,793
BROWN EDWARDS. · Accounting / audit$13,850

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$61,871 · 0.24%
2023$54,719 · 0.26%
2022$52,071 · 0.25%
Same employer
Similar plansConstruction · Virginia
Hourigan Construction Corp. VA$30.0M · 0.33%
C. J. Coakley Co., Inc. VA$25.3M · 0.73%
Slurry Pavers, Inc. VA$22.6M · 0.03%
Cranemasters Inc VA$22.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540720555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.