Plan Ledger DOL Form 5500 · updated monthly

Wallick & Volk, Inc.401(k)

WALLICK & VOLK, INC. 401(K) PROFIT SHARING PLAN AND TRUST · CHEYENNE, WY · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Wallick & Volk, Inc. reported $71,289 in plan administrative expenses for 2022: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2 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 0.39% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 30th-largest of 81 plans among Wyoming employers on file, and 3,367th of 4,798 in finance & insurance. In 2022, employees put in $3103.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,377,521
Participants with balances207
Active participants178
Employer contributions$415
Employee contributions$1,287,854
Employer contribution per active participant$2
Average account balance$79,118
Benefits paid to participants$2,199,311
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$16.1M · 160 accts
2022$16.4M · 207 accts · $415 emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$71,289
Total administrative$71,289
The Wallick & Volk, Inc. 401(k) match · 2022
Employer contribution per active participant$2
Median for plans this size$2,266

Wallick & Volk, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$67,025 · 0.41%
2022$71,289 · 0.39%
Same employer
Similar plansFinance & Insurance · Wyoming
Hilltop National Bank WY$34.3M · 0.02%
Blue Federal Credit Union WY$28.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830171636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.