Plan Ledger DOL Form 5500 · updated monthly

Walker-Miller Energy Services, LLC401(k)

WALKER-MILLER ENERGY SERVICES, LLC 401(K) PROFIT SHARING PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Walker-Miller Energy Services, LLC reported $45,824 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $2,474 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 0.40% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,852nd of 2,619), and 3,428th of 4,246 in wholesale trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,442,503
Participants with balances184
Active participants187
Employer contributions$462,602
Employee contributions$874,950
Employer contribution per active participant$2,474
Average account balance$35,014
Benefits paid to participants$638,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 184 accts · $463K emplr
2023$4.8M · 198 accts · $504K emplr
2022$2.7M · 171 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,824
Total administrative$45,824
The Walker-Miller Energy Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,474
Median for plans this size$1,313
2024$2,474 per active participant
2023$3,168 per active participant
2022$1,581 per active participant

Walker-Miller Energy Services, 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 · 20243
VENTURE VISONARY PARTNERS LLC · Investment advisory (plan)$18,637
GREAT LAKES PENSION ASSOCIATES. · Contract administrator$10,468

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

Administrative cost history3
2024$45,824 · 0.82%
2023$21,205 · 0.57%
2022$10,072 · 0.40%
Same employer
Similar plansWholesale Trade · Michigan
Merle Boes, Inc MI$7.0M · 0.72%
Coyne Staffing LLC MI$6.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383381940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.