Plan Ledger DOL Form 5500 · updated monthly

WD-40 Company401(k)

WD-40 COMPANY PROFIT SHARING/401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

WD-40 Company reported $214,132 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $25,029 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 fell from 0.22% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 886th-largest of 9,483 plans among California employers on file, and the 367th of 4,246 in wholesale trade. In 2024, the employer put in $2.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$116,760,990
Participants with balances309
Active participants245
Employer contributions$6,132,151
Employee contributions$2,930,223
Employer contribution per active participant$25,029
Average account balance$377,867
Benefits paid to participants$15,763,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.8M · 309 accts · $6.1M emplr
2023$111.0M · 311 accts · $5.5M emplr
2022$95.5M · 286 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,572
Investment management$154,560
Total administrative$214,132
The WD-40 Company 401(k) match · 2024
Employer contribution per active participant$25,029
Median for plans this size$3,635
2024$25,029 per active participant
2023$23,081 per active participant
2022$19,708 per active participant

WD-40 Company's 2024 employer contribution ran above the $3,635 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 · 20243
SAGEVIEW ADVISORY GROUP, LLC · Investment management$99,788
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$54,772

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$214,132 · 0.19%
2023$204,755 · 0.20%
2022$238,094 · 0.22%
Same employer
Similar plansWholesale Trade · California
Kellwood Company, LLC CA$124.7M · 0.19%
Sunkist Growers, Inc. CA$116.7M · 0.10%
M S International, Inc. CA$100.2M · 0.07%
Ariat International, Inc. CA$99.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951797918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.