Plan Ledger DOL Form 5500 · updated monthly

Wdc Acquisition LLC401(k)

WDC 401(K) AND PROFIT SHARING PLAN · CRESTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Wdc Acquisition LLC reported $67,692 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,730 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 0.73% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (610th of 878), and 8,514th of 11,654 in professional & technical services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,462,621
Participants with balances322
Active participants290
Employer contributions$791,753
Employee contributions$647,778
Employer contribution per active participant$2,730
Average account balance$26,281
Benefits paid to participants$1,268,752
Plan auditUnmodified (clean) audit opinion
AuditorD.K. WEISS, HOLT & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 322 accts · $792K emplr
2023$7.4M · 307 accts · $716K emplr
2022$6.2M · 314 accts · $753K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,692
Total administrative$67,692
The Wdc Acquisition LLC 401(k) match · 2024
Employer contribution per active participant$2,730
Median for plans this size$1,313
2024$2,730 per active participant
2023$2,565 per active participant
2022$2,681 per active participant

Wdc Acquisition LLC's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$67,692
STRATEGIES WEALTH ADVISORS · Investment advisory (plan)indirect comp

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$67,692 · 0.85%
2023$50,440 · 0.74%
2022$47,544 · 0.73%
Same employer
Similar plansProfessional & Technical Services · Iowa
Economy Advertising Company IA$11.2M · 0.43%
Lumos Pharma, Inc. IA$8.6M · 0.01%
Spinutech, LLC IA$7.9M · 0.40%
Dwolla, Inc. IA$7.9M · 0.57%
Galaxy 1 Marketing, Inc. IA$7.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824907031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.