Plan Ledger DOL Form 5500 · updated monthly

Wectec Staffing Services LLC401(k)

WECTEC STAFFING SERVICES 401(K) SAVINGS PLAN · CRANBERRY TOWNSHIP, PA · plan year 2022

Reported admin expense ratio · 2022
0.37%

Wectec Staffing Services LLC reported $27,109 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,645th of 3,651), and 9,044th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,992,335
Participants with balances232
Active participants502
Employer contributions—
Employee contributions$1,162,680
Employer contribution per active participant—
Average account balance$30,139
Benefits paid to participants$645,334
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.0M · 232 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,533
Professional / advisory$4,576
Total administrative$27,109
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 history2
2023Not separately reported
2022$27,109 · 0.37%
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Csd Engineers LLC PA$6.8M · 0.48%
Branding Brand, Inc. PA$6.6M · 1.17%
Pegasus Transtech, LLC PA$6.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810854135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.