Plan Ledger DOL Form 5500 · updated monthly

Web Runners, Inc. dba W3R Consulting401(k)

W3R CONSULTING 401(K) PLAN · SOUTHFIELD, MI · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Web Runners, Inc. dba W3R Consulting reported $20,505 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. Employer contributions averaged $329 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 1 year on file its reported administrative ratio rose from 0.37% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,914th of 2,619), and 9,446th of 11,654 in professional & technical services. In 2023, employees put in $9.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,881,619
Participants with balances97
Active participants210
Employer contributions$69,098
Employee contributions$650,255
Employer contribution per active participant$329
Average account balance$60,635
Benefits paid to participants$331,473
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$5.9M · 97 accts · $69K emplr
2022$4.6M · 109 accts · $74K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,505
Total administrative$20,505
The Web Runners, Inc. dba W3R Consulting 401(k) match · 2023
Employer contribution per active participant$329
Median for plans this size$1,308
2023$329 per active participant
2022$319 per active participant

Web Runners, Inc. dba W3R Consulting's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,929
THE BENEFIT ADVANTAGE, INC. · Contract administrator · Other services$2,576
CADARET GRANT & CO INC · Other servicesindirect comp

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

Administrative cost history2
2023$20,505 · 0.39%
2022$18,328 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Michigan
Fieldstone A&E, LLC MI$6.8M · 0.65%
Ansara Corporation MI$5.8M · 0.13%
Nuspire LLC MI$5.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383269301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.