Plan Ledger DOL Form 5500 · updated monthly

Webb Chemical Service Corporation401(k)

WEBB CHEMICAL SERVICE CORPORATION 401(K) & RETIREMENT PLAN · MUSKEGON, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Webb Chemical Service Corporation reported $6,891 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,403 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 0.19% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,353rd of 2,619), and 2,577th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 118 to 146 since 2022.

Plan summary
Net assets, end of year$12,917,571
Participants with balances173
Active participants146
Employer contributions$496,858
Employee contributions$981,226
Employer contribution per active participant$3,403
Average account balance$74,668
Benefits paid to participants$1,043,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 173 accts · $497K emplr
2023$11.2M · 160 accts · $457K emplr
2022$9.1M · 143 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,891
Total administrative$6,891
The Webb Chemical Service Corporation 401(k) match · 2024
Employer contribution per active participant$3,403
Median for plans this size$2,416
2024$3,403 per active participant
2023$3,311 per active participant
2022$3,589 per active participant

Webb Chemical Service Corporation's 2024 employer contribution ran above the $2,416 median for plans its size. 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
ASCENSUS LLC · Loan processing · Recordkeeping$6,891

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$6,891 · 0.06%
2023$17,058 · 0.17%
2022$18,554 · 0.19%
Same employer
Similar plansWholesale Trade · Michigan
Griffin Beverage Company MI$15.3M · 0.35%
Cgl, Corporation MI$15.1M · 0.22%
Ckl Corporation MI$13.8M · 0.54%
Mst Steel Corporation MI$13.3M · 0.01%
J & H Oil Company MI$12.6M · 0.32%
General Fasteners Company MI$12.4M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382021884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.