Plan Ledger DOL Form 5500 · updated monthly

Wayne Enterprises, Inc.401(k)

WAYNE ENTERPRISES, INC. 401(K) RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.59%

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

Wayne Enterprises, Inc. reported $90,175 in plan administrative expenses for 2024: 1.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $914 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 1.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,810th of 5,688), and 10,663rd of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 125 to 158 since 2022.

Plan summary
Net assets, end of year$6,022,284
Participants with balances145
Active participants158
Employer contributions$144,351
Employee contributions$424,918
Employer contribution per active participant$914
Average account balance$41,533
Benefits paid to participants$601,101
Plan auditUnmodified (clean) audit opinion
AuditorCALVIN MARTIN & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 145 accts · $144K emplr
2023$5.3M · 136 accts · $132K emplr
2022$4.3M · 125 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,509
Investment management$41,382
Total administrative$90,175
The Wayne Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$914
Median for plans this size$1,313
2024$914 per active participant
2023$844 per active participant
2022$911 per active participant

Wayne Enterprises, 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.

Service providers · 20244
MUTUAL ADVISORS LLC · Investment advisory (plan)$26,941
EMPOWER ADVISORY GROUP, LLC · Investment management$11,747
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$2,694

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

Administrative cost history3
2024$90,175 · 1.59%
2023$51,643 · 1.07%
2022$71,790 · 1.60%
Same employer
Similar plansManufacturing · Texas
Gamma Aerospace LLC TX$6.1M · 0.26%
Gamma Aerospace LLC TX$6.1M · 0.26%
Lucifer Lighting Company TX$6.1M · 0.09%
Goodier Cosmetics LLC TX$6.0M · 0.38%
Tst/Impreso, Inc. TX$6.0M · 0.42%
Senox Corporation TX$6.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760000815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.