Plan Ledger DOL Form 5500 · updated monthly

Wedgewood, LLC401(k)

WEDGEWOOD 401(K) PLAN · REDONDO BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Wedgewood, LLC reported $214,009 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,141 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 0.63% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,694th-largest of 9,483 plans among California employers on file, and the 459th of 2,096 in real estate & leasing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has shrunk from 400 to 307 since 2022.

Plan summary
Net assets, end of year$29,734,092
Participants with balances489
Active participants307
Employer contributions$964,431
Employee contributions$2,347,287
Employer contribution per active participant$3,141
Average account balance$60,806
Benefits paid to participants$3,782,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 489 accts · $964K emplr
2023$26.4M · 578 accts · $991K emplr
2022$20.0M · 553 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,249
Investment management$5,704
Audit (IQPA)$7,677
Total administrative$214,009
The Wedgewood, LLC 401(k) match · 2024
Employer contribution per active participant$3,141
Median for plans this size$2,416
2024$3,141 per active participant
2023$2,716 per active participant
2022$3,049 per active participant

Wedgewood, LLC'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,370
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$5,703

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$214,009 · 0.76%
2023$181,357 · 0.78%
2022$131,441 · 0.63%
Same employer
Similar plansReal Estate & Leasing · California
Ids Real Estate Group CA$31.2M · 0.21%
Saban Capital Group LLC CA$29.9M · 0.35%
Harvest Properties, Inc. CA$29.7M · 0.20%
Legacy Partners Realty Inc CA$28.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320474995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.