Plan Ledger DOL Form 5500 · updated monthly

Weigand-Omega Management, Inc.401(k)

WEIGAND-OMEGA MANAGEMENT, INC. 401(K) RETIREMENT PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Weigand-Omega Management, Inc. reported $28,273 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $740 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 0.85% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Kansas (698th of 828), and 1,663rd of 2,096 in real estate & leasing. In 2024, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,722,993
Participants with balances136
Active participants122
Employer contributions$90,238
Employee contributions$280,232
Employer contribution per active participant$740
Average account balance$27,375
Benefits paid to participants$415,331
Plan auditUnmodified (clean) audit opinion
AuditorWENDLING NOE NELSON & JOHNSON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 136 accts · $90K emplr
2023$3.3M · 144 accts · $97K emplr
2022$2.7M · 138 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,300
Trustee / custodial$20,973
Total administrative$28,273
The Weigand-Omega Management, Inc. 401(k) match · 2024
Employer contribution per active participant$740
Median for plans this size$1,313
2024$740 per active participant
2023$733 per active participant
2022$624 per active participant

Weigand-Omega Management, Inc.'s 2024 employer contribution ran below 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 · 20241
INTRUST BANK, N.A. · Consulting · Trustee (discretionary)$28,273

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$28,273 · 0.80%
2023$25,080 · 0.83%
2022$25,900 · 0.85%
Same employer
Similar plansReal Estate & Leasing · Kansas
Key Management Company KS$5.4M · 0.85%
Peterson Properties, Inc. KS$5.3M · 0.40%
Cohen-Esrey LLC KS$4.9M · 0.34%
Copaken Brooks LLC KS$4.5M · 0.83%
Nres Management, LLC KS$3.1M · 0.79%
Leisure Hotels, LLC. KS$2.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481151334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.