Plan Ledger DOL Form 5500 · updated monthly

Wcf Mutual Insurance Co.401(k)

WCF 401(K) PLAN · SANDY, UT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Wcf Mutual Insurance Co. reported $4,149 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,071 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 2 years on file its reported administrative ratio rose from 0.018% to 0.024%. 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 301st-largest of 848 plans among Utah employers on file, and 3,038th of 4,798 in finance & insurance. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 259 to 344 since 2022.

Plan summary
Net assets, end of year$20,239,939
Participants with balances398
Active participants344
Employer contributions$1,744,409
Employee contributions$2,645,246
Employer contribution per active participant$5,071
Average account balance$50,854
Benefits paid to participants$1,868,778
Plan auditUnmodified (clean) audit opinion
AuditorTRAVELLER AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 398 accts · $1.7M emplr
2023$14.2M · 349 accts · $1.5M emplr
2022$8.6M · 285 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,149
Total administrative$4,149
The Wcf Mutual Insurance Co. 401(k) match · 2024
Employer contribution per active participant$5,071
Median for plans this size$2,416
2024$5,071 per active participant
2023$4,782 per active participant
2022$4,431 per active participant

Wcf Mutual Insurance Co.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,149

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$4,149 · 0.02%
2023$2,463 · 0.02%
2022$1,406 · 0.02%
Same employer
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The Buckner Company, Inc. UT$24.4M · 0.30%
Cyprus Federal Credit Union UT$23.4M · 0.42%
Cache Valley Bank UT$22.4M · 0.40%
Woodbury Corporation UT$19.9M · 0.55%
Intercap Lending, Inc. UT$19.1M · 0.55%
Gps Capital Markets, Inc. UT$17.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870407018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.