Plan Ledger DOL Form 5500 · updated monthly

Webpt, Inc.401(k)

WEBPT, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Webpt, Inc. reported $135,224 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,388 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 0.57% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 275th-largest of 1,285 plans among Arizona employers on file, and the 778th of 2,199 in information & media. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has shrunk from 706 to 559 since 2022.

Plan summary
Net assets, end of year$30,217,866
Participants with balances804
Active participants559
Employer contributions$1,335,080
Employee contributions$4,058,369
Employer contribution per active participant$2,388
Average account balance$37,584
Benefits paid to participants$5,314,138
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 804 accts · $1.3M emplr
2023$25.2M · 908 accts · $1.4M emplr
2022$18.4M · 861 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,745
Investment management$39,312
Trustee / custodial$167
Total administrative$135,224
The Webpt, Inc. 401(k) match · 2024
Employer contribution per active participant$2,388
Median for plans this size$2,416
2024$2,388 per active participant
2023$2,008 per active participant
2022$1,971 per active participant

Webpt, Inc.'s 2024 employer contribution ran below 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$95,745
LPL FINANCIAL CORPORATION · Consulting · Insurance services$39,312

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$135,224 · 0.49%
2023$122,739 · 0.56%
2022$104,846 · 0.57%
Same employer
Similar plansInformation & Media · Arizona
Ciox Health, LLC AZ$119.5M · 0.77%
Vm Consolidated, Inc. AZ$96.0M · 0.38%
Axway Inc. AZ$87.4M · 0.13%
Nextiva, Inc. AZ$42.0M · 0.27%
Voice Media Group, LLC AZ$25.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273282959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.