Plan Ledger DOL Form 5500 · updated monthly

Welsco, Inc.401(k)

WELSCO, INC. 401(K) PLAN · NORTH LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Welsco, Inc. reported $33,208 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,052 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 3 years on file its reported administrative ratio has held roughly steady near 0.354%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Arkansas (232nd of 456), and 2,941st of 4,246 in wholesale trade. In 2024, employees put in $3.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,826,481
Participants with balances120
Active participants105
Employer contributions$110,431
Employee contributions$436,032
Employer contribution per active participant$1,052
Average account balance$81,887
Benefits paid to participants$552,545
Plan auditUnmodified (clean) audit opinion
AuditorRASCO WINTER THOMAS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 120 accts · $110K emplr
2023$8.9M · 117 accts · $117K emplr
2022$7.5M · 109 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,614
Investment management$22,826
Total administrative$33,208
The Welsco, Inc. 401(k) match · 2024
Employer contribution per active participant$1,052
Median for plans this size$1,313
2024$1,052 per active participant
2023$1,096 per active participant
2022$1,015 per active participant

Welsco, 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 · 20243
STEPHENS GROUP ASSET MANAGEMENT LLC · Investment advisory (plan)$22,826
LEAFHOUSE FINANCIAL ADVISORS, LLC$3,768

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$33,208 · 0.35%
2023$28,155 · 0.34%
2022$28,652 · 0.35%
Similar plansWholesale Trade · Arkansas
Timber Automation, LLC AR$11.5M · 0.53%
Sanders Supply AR$11.3M · 0.60%
Coulson Oil Company, Inc. AR$10.8M · 0.02%
S & H Systems, Inc. AR$9.9M · 0.76%
Kerusso Activewear, Inc. AR$3.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710331550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.