Plan Ledger DOL Form 5500 · updated monthly

Walters & Wolf Glass Company401(k)

WALTERS & WOLF RETIREMENT PLAN · FREMONT, CA · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Walters & Wolf Glass Company reported $178,282 in plan administrative expenses for 2023: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,466 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 0.29% to 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 823rd-largest of 9,483 plans among California employers on file, and the 509th of 5,337 in construction. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$126,991,304
Participants with balances562
Active participants380
Employer contributions$1,697,211
Employee contributions$3,068,098
Employer contribution per active participant$4,466
Average account balance$225,963
Benefits paid to participants$8,867,415
Plan auditUnmodified (clean) audit opinion
AuditorTYS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$123.1M · 553 accts · $2.6M emplr
2023$127.0M · 562 accts · $1.7M emplr
2022$111.9M · 551 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$178,282
Total administrative$178,282
The Walters & Wolf Glass Company 401(k) match · 2023
Employer contribution per active participant$4,466
Median for plans this size$3,659
2024$8,259 per active participant
2023$4,466 per active participant
2022$6,465 per active participant

Walters & Wolf Glass Company's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY SMITH BARNEY, LLC · Investment advisory (plan)$174,745
PLAN DESIGN CONSULTANTS INC · Contract administrator$11,635
CAPITAL GROUP RETIREMENT PLAN$5,438

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$456,059 · 0.36%
2023$178,282 · 0.15%
2022$373,715 · 0.29%
Same employer
Similar plansConstruction · California
Granite Rock Company CA$132.7M · 0.08%
Solv Energy, LLC CA$114.0M · 0.22%
Lyles Diversified, Inc. CA$111.0M · 0.17%
Cupertino Electric, Inc. CA$107.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942507766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.