Plan Ledger DOL Form 5500 · updated monthly

Warren Equipment Company401(k)

WARREN EQUIPMENT COMPANY 401(K) RETIREMENT AND SAVINGS PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Warren Equipment Company reported $387,527 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,265 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 fell from 0.19% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 349th-largest of 5,688 plans among Texas employers on file, and the 132nd of 786 in management of companies. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 1,887 to 2,372 since 2022.

Plan summary
Net assets, end of year$238,598,772
Participants with balances3,005
Active participants2,372
Employer contributions$10,115,654
Employee contributions$13,634,076
Employer contribution per active participant$4,265
Average account balance$79,401
Benefits paid to participants$20,027,322
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$238.6M · 3,005 accts · $10.1M emplr
2023$207.9M · 2,848 accts · $9.2M emplr
2022$169.7M · 2,487 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,214
Investment management$84,607
Trustee / custodial$87,667
Total administrative$387,527
The Warren Equipment Company 401(k) match · 2024
Employer contribution per active participant$4,265
Median for plans this size$3,635
2024$4,265 per active participant
2023$4,122 per active participant
2022$4,022 per active participant

Warren Equipment Company's 2024 employer contribution ran above the $3,635 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 · 20244
BOKF, N.A. · Custodial (securities) · Loan processing$313,461
COOK STREET CONSULTING, INC. · Investment advisory (plan)$84,607
WHITLEY PENN LLP · Accounting / audit$3,605
COWEN AND COMPANY LLCindirect comp

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$387,527 · 0.17%
2023$318,320 · 0.17%
2022$342,383 · 0.19%
Same employer
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Rackspace, US Inc. TX$404.8M · 0.06%
Team, Inc. TX$357.2M · 0.03%
Contran Corporation TX$293.3M · 0.02%
Globe Life Inc. TX$293.2M · 0.06%
Southwestern Energy Company TX$208.3M · 0.14%
Hunting U.S. Holdings, Inc. TX$194.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752351267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.