Plan Ledger DOL Form 5500 · updated monthly

Wc Administrators, LLC401(k)

ENCOMPASS POOLED EMPLOYER PLAN · MIDVALE, UT · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Wc Administrators, LLC reported $33,794 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $401 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 350th-largest of 848 plans among Utah employers on file, and 3,369th of 4,798 in finance & insurance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,349,671
Participants with balances602
Active participants632
Employer contributions$253,249
Employee contributions$493,682
Employer contribution per active participant$401
Average account balance$27,159
Benefits paid to participants$253,141
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,785
Investment management$2,459
Total administrative$33,794
The Wc Administrators, LLC 401(k) match · 2024
Employer contribution per active participant$401
Median for plans this size$2,416

Wc Administrators, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
GLOBAL RETIREMENT PARTNERS, LLC$2,262
LEAFHOUSE FINANCIAL ADVISORS · Investment advisory (plan)$2,149
LPL FINANCIAL CORPORATIONindirect comp

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

Administrative cost history1
2024$33,794 · 0.33%
Similar plansFinance & Insurance · Utah
Gps Capital Markets, Inc. UT$17.9M · 0.09%
Tzero Group, Inc. UT$13.2M · 0.27%
Veritas Funding, LLC UT$12.0M · 0.39%
First Utah Bancorporation UT$11.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201663072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.