Plan Ledger DOL Form 5500 · updated monthly

Wallcor Inc.401(k)

WALLCOR 401(K)PLAN · GILBERT, AZ · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Wallcor Inc. reported $86,577 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $741 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 0.65% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 453rd-largest of 1,285 plans among Arizona employers on file, and the 2,526th of 5,337 in construction. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 700 to 1,119 since 2022.

Plan summary
Net assets, end of year$14,485,831
Participants with balances415
Active participants1,119
Employer contributions$828,871
Employee contributions$1,671,460
Employer contribution per active participant$741
Average account balance$34,906
Benefits paid to participants$634,808
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 415 accts · $829K emplr
2023$10.5M · 348 accts · $682K emplr
2022$7.7M · 298 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,577
Total administrative$86,577
The Wallcor Inc. 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$2,416
2024$741 per active participant
2023$680 per active participant
2022$639 per active participant

Wallcor Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$42,398
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)$40,106

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$86,577 · 0.69%
2023$60,964 · 0.67%
2022$46,798 · 0.65%
Same employer
Similar plansConstruction · Arizona
Felix Construction Company AZ$15.0M · 0.60%
3-G Construction Co., Inc. AZ$14.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860934448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.