Plan Ledger DOL Form 5500 · updated monthly

Webco Hawaii, Inc401(k)

401(K) PLAN OF WEBCO HAWAII, INC · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Webco Hawaii, Inc reported $41,120 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.37% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Hawaii (160th of 269), and 2,854th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$10,401,234
Participants with balances163
Active participants138
Employer contributions$0
Employee contributions$334,484
Employer contribution per active participant$0
Average account balance$63,811
Benefits paid to participants$1,385,865
Plan auditUnmodified (clean) audit opinion
AuditorCHOO, OSADA, AND LEE
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 134 accts
2023$9.8M · 147 accts
2022$10.4M · 163 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,120
Total administrative$41,120
The Webco Hawaii, Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Webco Hawaii, Inc's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$32,706 · 0.41%
2023$37,652 · 0.37%
2022$41,120 · 0.37%
Similar plansWholesale Trade · Hawaii
Valley Isle Produce, Inc. HI$21.9M · 0.07%
Y. Hata & Company, Limited HI$18.7M · 0.31%
Maui Oil Company, Inc. HI$16.1M · 0.29%
Honsador Holding LLC HI$15.0M · 0.02%
Jerry Pate Company FL$10.4M · 0.03%
Surya Carpet, Inc. GA$10.4M · 0.19%
Index Packaging, Inc. NH$10.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990115969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.