Plan Ledger DOL Form 5500 · updated monthly

Waelz Sustainable Products LLC401(k)

WAELZ SUSTAINABLE PRODUCTS LLC 401(K) PROFIT SHARING PLAN & TRUST · LOGANSPORT, IN · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Waelz Sustainable Products LLC reported $14,760 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,600 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 1 year on file its reported administrative ratio fell from 1.23% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,444th of 1,562), and 13,039th of 13,661 in manufacturing. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,531,286
Participants with balances167
Active participants101
Employer contributions$262,605
Employee contributions$306,363
Employer contribution per active participant$2,600
Average account balance$9,169
Benefits paid to participants$306,108
Plan auditUnmodified (clean) audit opinion
AuditorT. E. LOTT AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$1.5M · 167 accts · $263K emplr
2023$1.1M · 154 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,760
Total administrative$14,760
The Waelz Sustainable Products LLC 401(k) match · 2024
Employer contribution per active participant$2,600
Median for plans this size$1,313
2024$2,600 per active participant
2023$2,400 per active participant

Waelz Sustainable Products LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PAYCHEX, INC. · Recordkeeping$8,776
401K GENERATION · Contract administrator$5,385

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history2
2024$14,760 · 1.12%
2023$10,160 · 1.23%
Similar plansManufacturing · Indiana
Ooshirts, Inc IN$1.7M · 0.69%
Itamco, Inc. IN$1.6M
Culver Duck Farms Inc IN$1.6M · 0.06%
Compal USA (Indiana), Inc IN$1.6M · 0.04%
Oasis Lifestyle, LLC IN$1.5M · 1.20%
Adventure Homes, LLC IN$1.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833818956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.