Plan Ledger DOL Form 5500 · updated monthly

Waev, Inc.401(k)

WAEV, INC. 401(K) PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Waev, Inc. reported $22,308 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,910 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 rose from 0.46% to 0.58%. 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 California (7,212th of 9,483), and 11,507th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,431,784
Participants with balances317
Active participants185
Employer contributions$353,291
Employee contributions$902,100
Employer contribution per active participant$1,910
Average account balance$13,980
Benefits paid to participants$467,572
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 317 accts · $353K emplr
2023$3.3M · 265 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,308
Total administrative$22,308
The Waev, Inc. 401(k) match · 2024
Employer contribution per active participant$1,910
Median for plans this size$1,313
2024$1,910 per active participant
2023$493 per active participant

Waev, Inc.'s 2024 employer contribution ran above 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
SHORE TOMPKINS ACTUARIAL RESOURCES · Other services$1,519
MORNINGSTAR · Investment advisory (plan)$585

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

Administrative cost history2
2024$22,308 · 0.58%
2023$14,805 · 0.46%
Same employer
Similar plansManufacturing · California
Moshay, Inc. CA$4.5M · 0.68%
Telesis Bio, Inc CA$4.5M · 1.36%
Splay Inc CA$4.5M · 0.51%
Universal Custom Display CA$4.5M · 0.02%
Sightglass Mgmt, Inc. CA$4.4M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873861274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.