Plan Ledger DOL Form 5500 · updated monthly

Wencor Group, LLC401(k)

WENCOR GROUP, LLC 401(K) PLAN · PEACHTREE CITY, GA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Wencor Group, LLC reported $58,148 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,199 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 538th-largest of 2,160 plans among Georgia employers on file, and the 3,567th of 13,661 in manufacturing. In 2022, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,932,328
Participants with balances1,101
Active participants859
Employer contributions$1,029,966
Employee contributions$3,855,620
Employer contribution per active participant$1,199
Average account balance$38,086
Benefits paid to participants$3,811,517
Plan auditUnmodified (clean) audit opinion
AuditorWARREN AVERTT LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $814K emplr
2022$41.9M · 1,101 accts · $1.0M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,997
Total administrative$58,148
The Wencor Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,199
Median for plans this size$2,266

Wencor Group, LLC's 2022 employer contribution ran below the $2,266 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 history2
2023Not separately reported
2022$58,148 · 0.13%
Same employer
Similar plansManufacturing · Georgia
Price Industries, Inc. GA$43.4M · 0.27%
Wise Foods, Inc. GA$42.7M · 0.44%
Harrison Poultry, Inc. GA$38.7M · 0.54%
Larson-Juhl US LLC GA$38.3M · 0.28%
Pexco, LLC GA$38.1M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271732702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.