Plan Ledger DOL Form 5500 · updated monthly

Weidenhammer Systems Corporation401(k)

WEIDENHAMMER SYSTEMS CORPORATION 401(K) RETIREMENT SAVINGS PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Weidenhammer Systems Corporation reported $7,011 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,960 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 0.018% to 0.020%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,036th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,580th of 11,654 in professional & technical services. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,235,045
Participants with balances150
Active participants104
Employer contributions$411,838
Employee contributions$1,296,986
Employer contribution per active participant$3,960
Average account balance$241,567
Benefits paid to participants$2,833,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.2M · 150 accts · $412K emplr
2023$32.2M · 158 accts · $430K emplr
2022$28.2M · 165 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,006
Investment management$6,005
Total administrative$7,011
The Weidenhammer Systems Corporation 401(k) match · 2024
Employer contribution per active participant$3,960
Median for plans this size$2,416
2024$3,960 per active participant
2023$3,803 per active participant
2022$3,215 per active participant

Weidenhammer Systems Corporation'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,005
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,006

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$7,011 · 0.02%
2023$6,299 · 0.02%
2022$5,817 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Tenova, Inc. PA$36.7M · 0.09%
Orbital Engineering, Inc. PA$36.5M · 0.54%
Softerware, Inc. PA$36.5M · 0.02%
Becket & Lee, LLP PA$35.7M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232054990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.