Plan Ledger DOL Form 5500 · updated monthly

Wehrung's Lumber & Home Center, Inc.401(k)

WEHRUNG'S LUMBER & HOME CENTER, INC. PROFIT SHARING PLAN · OTTSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Wehrung's Lumber & Home Center, Inc. reported $76,106 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,387 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 0.71% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,354th of 3,651), and 2,761st of 5,215 in retail trade. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,376,782
Participants with balances192
Active participants177
Employer contributions$245,461
Employee contributions$806,875
Employer contribution per active participant$1,387
Average account balance$48,837
Benefits paid to participants$1,900,219
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 192 accts · $245K emplr
2023$8.9M · 214 accts · $224K emplr
2022$7.3M · 197 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,650
Investment management$26,381
Total administrative$76,106
The Wehrung's Lumber & Home Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,387
Median for plans this size$1,313
2024$1,387 per active participant
2023$1,153 per active participant
2022$1,153 per active participant

Wehrung's Lumber & Home Center, Inc.'s 2024 employer contribution ran above the $1,313 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
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$41,456
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,650

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$76,106 · 0.83%
2023$61,217 · 0.76%
2022$55,991 · 0.71%
Same employer
Similar plansRetail Trade · Pennsylvania
Laurel Motors Holding Co. PA$9.8M · 0.46%
Hondru Ford, Inc. PA$9.4M · 0.55%
Sac, Inc. PA$9.2M · 0.04%
Pwp Enterprises, Inc. PA$9.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200413026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.