Plan Ledger DOL Form 5500 · updated monthly

Waste-Away Group, LTD401(k)

WASTE-AWAY GROUP, LIMITED EMPLOYEES' 401(K) PLAN AND TRUST · ELKHART, IN · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Waste-Away Group, LTD reported $82,957 in plan administrative expenses for 2023: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,319 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 1 year on file its reported administrative ratio rose from 0.57% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other utilities employers. By assets it is the 767th-largest of 1,562 plans among Indiana employers on file, and 295th of 412 in utilities. In 2023, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,440,072
Participants with balances341
Active participants348
Employer contributions$458,911
Employee contributions$1,608,003
Employer contribution per active participant$1,319
Average account balance$39,414
Benefits paid to participants$545,687
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$13.4M · 341 accts · $459K emplr
2022$9.7M · 332 accts · $501K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$68,500
Investment management$7,614
Total administrative$82,957
The Waste-Away Group, LTD 401(k) match · 2023
Employer contribution per active participant$1,319
Median for plans this size$2,440
2023$1,319 per active participant
2022$1,636 per active participant

Waste-Away Group, LTD's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
T ROWE PRICE RPS INC · Recordkeeping · Trustee$10,082
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,418
RESOURCES INVESTMENT · Investment advisory (plan)$7,614

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$82,957 · 0.72%
2022$59,400 · 0.57%
Same employer
Similar plansUtilities · Indiana
Usic, LLC IN$206.7M · 0.25%
Hoosier Energy Rec, Inc. IN$70.0M · 0.00%
Ohio Valley Gas Corporation IN$19.9M · 0.27%
Peerless Midwest, Inc. IN$11.4M · 0.37%
Himes Holdings, Inc. IN$8.5M · 0.52%
Gridhawk LLC IN$5.7M · 1.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351941306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.