Plan Ledger DOL Form 5500 · updated monthly

Wayne Densch, Inc.401(k)

WAYNE DENSCH, INC. 401(K) PLAN · SANFORD, FL · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Wayne Densch, Inc. reported $35,798 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $788 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,291st of 3,644), and 3,471st of 4,246 in wholesale trade. In 2022, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,200,747
Participants with balances83
Active participants108
Employer contributions$85,069
Employee contributions$266,031
Employer contribution per active participant$788
Average account balance$74,708
Benefits paid to participants$230,552
Plan auditUnmodified (clean) audit opinion
AuditorPRIDA, GUIDA & PEREZ, P.A.
Administrative expenses, itemized · 2022
Investment management$47
Total administrative$35,798
The Wayne Densch, Inc. 401(k) match · 2022
Employer contribution per active participant$788
Median for plans this size$1,114

Wayne Densch, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,798 · 0.53%
Same employer
Similar plansWholesale Trade · Florida
Florida Hardware LLC FL$6.5M · 0.04%
Douglas Machines Corp FL$6.4M · 0.12%
Regalo International LLC FL$6.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593462323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.