Plan Ledger DOL Form 5500 · updated monthly

Walter Surface Technologies Incorporated401(k)

WALTER 401(K) RETIREMENT SAVINGS PLAN · WINDSOR, CT · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Walter Surface Technologies Incorporated reported $57,906 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,469 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 0.35% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Connecticut (644th of 1,106), and 2,401st of 4,246 in wholesale trade. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,622,425
Participants with balances293
Active participants258
Employer contributions$636,876
Employee contributions$1,092,216
Employer contribution per active participant$2,469
Average account balance$49,906
Benefits paid to participants$2,514,053
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.6M · 293 accts · $637K emplr
2023$13.8M · 293 accts · $604K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,483
Investment management$46,423
Total administrative$57,906
The Walter Surface Technologies Incorporated 401(k) match · 2024
Employer contribution per active participant$2,469
Median for plans this size$2,416
2024$2,469 per active participant
2023$2,195 per active participant

Walter Surface Technologies Incorporated's 2024 employer contribution ran above the $2,416 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$42,280
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$4,142

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

Administrative cost history2
2024$57,906 · 0.41%
2023$43,283 · 0.35%
Same employer
Similar plansWholesale Trade · Connecticut
Thurston Foods, Inc. CT$18.1M · 0.11%
Drew Marine USA, Inc. CT$17.8M · 0.02%
Dichello Distributors, Inc. CT$16.7M · 0.24%
Breitling USA, Inc. CT$16.3M · 0.39%
Slocum & Sons, Inc. CT$12.1M · 0.04%
Microcare, LLC CT$11.6M · 0.37%
TM3 Systems Inc CT$9.1M · 0.33%
Transom Symphony Opco LLC CT$8.5M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061299982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.