Plan Ledger DOL Form 5500 · updated monthly

Wcp Developers, LLC401(k)

WATHEN CASTANOS HOMES 401(K) PLAN · CLOVIS, CA · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Wcp Developers, LLC reported $60,652 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $36,046 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 0.08% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,123rd of 9,483), and 3,450th of 5,337 in construction. In 2023, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 122 to 14 since 2022.

Plan summary
Net assets, end of year$7,655,689
Participants with balances105
Active participants14
Employer contributions$504,640
Employee contributions$777,130
Employer contribution per active participant$36,046
Average account balance$72,911
Benefits paid to participants$2,579,409
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 7 accts · $71K emplr
2023$7.7M · 105 accts · $505K emplr
2022$7.4M · 119 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$60,465
Total administrative$60,652
The Wcp Developers, LLC 401(k) match · 2023
Employer contribution per active participant$36,046
Median for plans this size$1,308
2024$4,171 per active participant
2023$36,046 per active participant
2022$11,526 per active participant

Wcp Developers, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
NATIONWIDE · Recordkeeping$11,186
NATIONWIDE LIFE INSURANCE COMPANY · Recordkeeping$672
ROUSH INVESTMENT LLC$33,630
APS-PENTEGRA · Plan administrator$12,637
ACTIVE CORE-CUSTOM TO TARGETDATE CI$3,359

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$43,792 · 0.63%
2023$60,652 · 0.81%
2022$5,966 · 0.08%
Similar plansConstruction · California
Direct Line Global LLC CA$7.8M · 0.27%
Ldi Mechanical, Inc. CA$7.7M · 0.71%
Mc Painting CA$7.7M · 0.53%
Gray Electric Co CA$7.5M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823373291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.