Plan Ledger DOL Form 5500 · updated monthly

Weldon Parts, Inc.401(k)

WELDON PARTS, INC. 401(K) RETIREMENT PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Weldon Parts, Inc. reported $16,873 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $410 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oklahoma (561st of 724), and 1,512th of 2,534 in administrative & support services. In 2022, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,462,159
Participants with balances74
Active participants98
Employer contributions$40,181
Employee contributions$154,939
Employer contribution per active participant$410
Average account balance$60,299
Benefits paid to participants$133,205
Plan auditUnmodified (clean) audit opinion
AuditorKINNER & COMPANY LTD.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,873
Total administrative$16,873
The Weldon Parts, Inc. 401(k) match · 2022
Employer contribution per active participant$410
Median for plans this size$1,114

Weldon Parts, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,873 · 0.36%
Similar plansAdministrative & Support Services · Oklahoma
Den Mar Services, Inc. OK$4.0M · 0.42%
McCoy Tree Surgery Co. OK$2.3M · 1.30%
Fms, Inc OK$1.4M · 1.52%
Chloeta Holdings LLC OK$1.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730980791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.