Plan Ledger DOL Form 5500 · updated monthly

Weber Distribution, LLC401(k)

WEBER DISTRIBUTION, LLC 401(K) PLAN · SANTA FE SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Weber Distribution, LLC reported $103,232 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $762 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 0.74% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,806th-largest of 9,483 plans among California employers on file, and the 777th of 2,677 in transportation & warehousing. In 2024, employees put in $4.15 for every $1.00 the employer contributed; active participation has shrunk from 609 to 488 since 2022.

Plan summary
Net assets, end of year$18,695,215
Participants with balances481
Active participants488
Employer contributions$371,644
Employee contributions$1,542,719
Employer contribution per active participant$762
Average account balance$38,867
Benefits paid to participants$1,808,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 481 accts · $372K emplr
2023$16.3M · 614 accts · $457K emplr
2022$13.0M · 648 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,333
Investment management$23,004
Audit (IQPA)$18,895
Total administrative$103,232
The Weber Distribution, LLC 401(k) match · 2024
Employer contribution per active participant$762
Median for plans this size$2,416
2024$762 per active participant
2023$731 per active participant
2022$653 per active participant

Weber Distribution, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,333
BFS · Investment advisory (plan)$23,010
WINDES INC. · Accounting / audit$18,900

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$103,232 · 0.59%
2023$83,615 · 0.57%
2022$101,531 · 0.74%
Same employer
Similar plansTransportation & Warehousing · California
Ozark Trucking Inc. CA$18.9M · 0.22%
Our Best Assets, Inc. CA$18.5M · 0.09%
Blume Global, Inc. CA$18.3M · 0.00%
L.E. Coppersmith, Inc. CA$18.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680592921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.