Plan Ledger DOL Form 5500 · updated monthly

Walker Consultants401(k)

WALKER 401(K) AND PROFIT SHARING PLAN · KALAMAZOO, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Walker Consultants reported $33,506 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,273 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 271st-largest of 2,619 plans among Michigan employers on file, and the 1,398th of 11,654 in professional & technical services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 315 to 375 since 2022.

Plan summary
Net assets, end of year$108,777,884
Participants with balances484
Active participants375
Employer contributions$2,352,460
Employee contributions$4,162,242
Employer contribution per active participant$6,273
Average account balance$224,748
Benefits paid to participants$6,286,657
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$108.8M · 484 accts · $2.4M emplr
2023$94.7M · 438 accts · $2.1M emplr
2022$82.9M · 435 accts · $1.9M emplr
The Walker Consultants 401(k) match · 2024
Employer contribution per active participant$6,273
Median for plans this size$3,635
2024$6,273 per active participant
2023$6,272 per active participant
2022$6,083 per active participant

Walker Consultants's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$1,030
VANGUARD ADVISERS INC. · Investment advisory (participants)$32,956

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$33,506 · 0.03%
2023$27,208 · 0.03%
2022$23,295 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Michigan
Van Andel Research Institute MI$115.3M · 0.19%
Atwell, LLC MI$110.0M · 0.22%
Dm Intermediate Parent, LLC MI$108.6M · 0.36%
Ghafari Associates, LLC MI$106.6M · 0.14%
Dm Companies Inc MI$106.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381782774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.