Plan Ledger DOL Form 5500 · updated monthly

Wagman Inc.401(k)

THE PROFIT SHARING AND RETIREMENT PLAN OF WAGMAN, INC. · YORK, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Wagman Inc. reported $61,623 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $15,977 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 fell from 0.18% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 503rd-largest of 3,651 plans among Pennsylvania employers on file, and the 648th of 5,337 in construction. In 2024, the employer put in $2.78 for every $1.00 employees contributed themselves; active participation has grown from 414 to 576 since 2022.

Plan summary
Net assets, end of year$93,474,761
Participants with balances650
Active participants576
Employer contributions$9,203,002
Employee contributions$3,304,709
Employer contribution per active participant$15,977
Average account balance$143,807
Benefits paid to participants$8,990,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.5M · 650 accts · $9.2M emplr
2023$80.5M · 647 accts · $6.8M emplr
2022$65.5M · 613 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,782
Investment management$10,212
Audit (IQPA)$6,760
Total administrative$61,623
The Wagman Inc. 401(k) match · 2024
Employer contribution per active participant$15,977
Median for plans this size$3,635
2024$15,977 per active participant
2023$14,643 per active participant
2022$9,962 per active participant

Wagman Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$36,782
VANGUARD ADVISERS INC. · Investment advisory (participants)$10,212
MCKONLY & ASBURY, LLP · Accounting / audit$6,760
SAGEWORTH TRUST COMPANY · Accounting / audit$5,000

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

Recordkeeper by year2
2024T. Rowe Price
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Wagman Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,623 · 0.07%
2023$146,586 · 0.20%
2022$126,566 · 0.18%
Same employer
Similar plansConstruction · Pennsylvania
Edwin L. Heim Company PA$88.2M · 0.15%
Irex Corporation PA$84.0M · 0.07%
Worth & Company, Inc. PA$80.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232200489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.