Plan Ledger DOL Form 5500 · updated monthly

Weldon, Williams & Lick, Inc.401(k)

WELDON, WILLIAMS & LICK, INC. 401(K) PLAN · FORT SMITH, AR · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Weldon, Williams & Lick, Inc. reported $87,508 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,359 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 0.15% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 113th-largest of 456 plans among Arkansas employers on file, and the 4,549th of 13,661 in manufacturing. In 2023, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,392,983
Participants with balances162
Active participants150
Employer contributions$353,899
Employee contributions$627,266
Employer contribution per active participant$2,359
Average account balance$181,438
Benefits paid to participants$2,646,206
Plan auditUnmodified (clean) audit opinion
AuditorPIERCE FIRM, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 149 accts · $346K emplr
2023$29.4M · 162 accts · $354K emplr
2022$26.8M · 156 accts · $330K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$73,008
Audit (IQPA)$14,500
Total administrative$87,508
The Weldon, Williams & Lick, Inc. 401(k) match · 2023
Employer contribution per active participant$2,359
Median for plans this size$2,440
2024$2,524 per active participant
2023$2,359 per active participant
2022$2,391 per active participant

Weldon, Williams & Lick, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$73,008
PIERCE FIRM, PLLC · Accounting / audit$14,500

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$70,036 · 0.25%
2023$87,508 · 0.31%
2022$49,996 · 0.15%
Same employer
Similar plansManufacturing · Arkansas
Lomanco, Inc. AR$40.2M · 0.28%
Packaging Specialties, Inc. AR$31.3M · 0.50%
Radius Aerospace, Inc. AR$29.5M · 0.14%
Innovation Industries, Inc. AR$29.0M · 0.09%
Tokusen U.S.A., Inc. AR$27.0M · 0.46%
Producers Rice Mill, Inc. AR$23.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710188290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.