Plan Ledger DOL Form 5500 · updated monthly

Washington County Opportunities, Inc.401(k)

WASHINGTON COUNTY OPPORTUNITIES 401(K) PLAN · GREENVILLE, MS · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Washington County Opportunities, Inc. reported $10,267 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,226 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 0.27% to 0.38%. 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 Mississippi (286th of 367), and 2,670th of 3,341 in other services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 227 to 256 since 2022.

Plan summary
Net assets, end of year$2,967,383
Participants with balances192
Active participants256
Employer contributions$313,800
Employee contributions$357,950
Employer contribution per active participant$1,226
Average account balance$15,455
Benefits paid to participants$173,899
Plan auditUnmodified (clean) audit opinion
AuditorWOLFE, MCDUFF & OPPIE, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 192 accts · $314K emplr
2023$2.4M · 183 accts · $153K emplr
2022$2.3M · 177 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,267
Total administrative$10,267
The Washington County Opportunities, Inc. 401(k) match · 2024
Employer contribution per active participant$1,226
Median for plans this size$1,313
2024$1,226 per active participant
2023$648 per active participant
2022$631 per active participant

Washington County Opportunities, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$10,267 · 0.38%
2023$5,781 · 0.25%
2022$6,116 · 0.27%
Similar plansOther Services · Mississippi
Navigator Credit Union MS$7.6M · 0.02%
The Baddour Center, Inc. MS$1.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640542172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.