Plan Ledger DOL Form 5500 · updated monthly

Waymakers401(k)

WAYMAKERS 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Waymakers reported $100,250 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,537 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 3,825th-largest of 9,483 plans among California employers on file, and the 3,881st of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 232 to 279 since 2022.

Plan summary
Net assets, end of year$18,583,792
Participants with balances434
Active participants279
Employer contributions$707,791
Employee contributions$797,189
Employer contribution per active participant$2,537
Average account balance$42,820
Benefits paid to participants$1,638,649
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 434 accts · $708K emplr
2023$15.8M · 412 accts · $701K emplr
2022$12.7M · 360 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,903
Investment management$29,347
Total administrative$100,250
The Waymakers 401(k) match · 2024
Employer contribution per active participant$2,537
Median for plans this size$2,416
2024$2,537 per active participant
2023$2,540 per active participant
2022$2,447 per active participant

Waymakers's 2024 employer contribution ran above the $2,416 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 · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$70,678
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (participants) · Investment advisory (plan)$29,347

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$100,250 · 0.58%
2023$79,654 · 0.56%
2022$68,955 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · California
The Elizabeth Hospice CA$19.1M · 0.57%
Hillsides CA$18.9M · 0.41%
Montage Medical Group CA$18.8M · 0.15%
Agendia, Inc. CA$18.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953167866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.