Plan Ledger DOL Form 5500 · updated monthly

Wartsila Holding, Inc.401(k)

WARTSILA HOLDING, INC. RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Wartsila Holding, Inc. reported $62,798 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,918 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 0.09% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 409th-largest of 5,688 plans among Texas employers on file, and the 89th of 3,341 in other services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves; active participation has grown from 907 to 1,063 since 2022.

Plan summary
Net assets, end of year$193,017,228
Participants with balances1,311
Active participants1,063
Employer contributions$9,479,579
Employee contributions$9,365,189
Employer contribution per active participant$8,918
Average account balance$147,229
Benefits paid to participants$12,573,798
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$193.0M · 1,311 accts · $9.5M emplr
2023$163.9M · 1,219 accts · $8.2M emplr
2022$160.2M · 1,217 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,798
Total administrative$62,798
The Wartsila Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$8,918
Median for plans this size$3,635
2024$8,918 per active participant
2023$9,130 per active participant
2022$8,235 per active participant

Wartsila Holding, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$62,798 · 0.04%
2023$112,155 · 0.07%
2022$154,507 · 0.09%
Same employer
Similar plansOther Services · Texas
Driscoll Children's Health TX$266.9M · 0.00%
Crash Champions, LLC TX$253.4M · 0.18%
Upbound Group, Inc. TX$244.2M · 0.05%
Tenerity, Inc. TX$150.3M · 0.06%
Texo Abc/Agc, Inc. TX$128.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953418625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.