Plan Ledger DOL Form 5500 · updated monthly

Wash Depot Holdings, Inc.401(k)

WASH DEPOT HOLDINGS, INC. 401K PLAN · FT. LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Wash Depot Holdings, Inc. reported $6,505 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1 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 0.07% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (1,970th of 3,644), and 1,821st of 3,341 in other services. In 2024, employees put in $819.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,377,910
Participants with balances185
Active participants845
Employer contributions$465
Employee contributions$381,277
Employer contribution per active participant$1
Average account balance$45,286
Benefits paid to participants$280,307
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT LYONS & SHUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 185 accts · $465 emplr
2023$7.3M · 201 accts · $723 emplr
2022$6.2M · 221 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,701
Total administrative$6,505
The Wash Depot Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$1,313
2024$1 per active participant
2023$1 per active participant

Wash Depot Holdings, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$6,505 · 0.08%
2023$4,077 · 0.06%
2022$3,987 · 0.07%
Same employer
Similar plansOther Services · Florida
Alliance for Aging, Inc. FL$9.4M · 0.02%
Lost Tree Club, Inc. FL$9.4M · 0.45%
Sun Orchard LLC FL$8.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582280863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.