Plan Ledger DOL Form 5500 · updated monthly

Walt's Wholesale Meats Inc401(k)

WALT'S WHOLESALE MEATS 401(K) PLAN · WOODLAND, WA · plan year 2022

Reported admin expense ratio · 2022
1.41%

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

Walt's Wholesale Meats Inc reported $7,718 in plan administrative expenses for 2022: 1.41% of average plan assets, above the peer median. Employer contributions averaged $135 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Washington (1,662nd of 1,714), and 4,183rd of 4,246 in wholesale trade. In 2022, employees put in $9.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$600,341
Participants with balances39
Active participants162
Employer contributions$21,789
Employee contributions$212,996
Employer contribution per active participant$135
Average account balance$15,393
Benefits paid to participants$39,297
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,718
Total administrative$7,718
The Walt's Wholesale Meats Inc 401(k) match · 2022
Employer contribution per active participant$135
Median for plans this size$331

Walt's Wholesale Meats Inc's 2022 employer contribution ran below the $331 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 history1
2022$7,718 · 1.41%
Similar plansWholesale Trade · Washington
Corliss Resources, Inc. WA$3.6M · 0.93%
Pacific Topsoils, Inc. WA$3.5M · 0.01%
Reebok International LTD. MA$639K · 0.23%
Mama Lycha Foods, LLC TX$628K · 1.46%
Blend Pak Inc KY$620K · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911936167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.