Welltec, Inc.401(k)
WELLTEC 401(K) RETIREMENT PLAN · KATY, TX · plan year 2020
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Welltec, Inc. reported $32,560 in plan administrative expenses for 2020: 0.45% of average plan assets, above the peer median. Employer contributions averaged $4,087 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 5 years on file its reported administrative ratio rose from 0.07% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,450th of 5,688), and 8,791st of 11,654 in professional & technical services. In 2020, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 99 to 60 since 2015.
Welltec, Inc.'s 2020 employer contribution ran above the $893 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 752890609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.