Plan Ledger DOL Form 5500 · updated monthly

Wendel, LLC401(k)

WENDEL 401K PLAN · WILLIAMSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Wendel, LLC reported $105,675 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,598 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 0.20% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,473rd-largest of 5,648 plans among New York employers on file, and the 2,992nd of 11,654 in professional & technical services. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 274 to 327 since 2022.

Plan summary
Net assets, end of year$45,056,248
Participants with balances409
Active participants327
Employer contributions$849,415
Employee contributions$2,543,596
Employer contribution per active participant$2,598
Average account balance$110,162
Benefits paid to participants$3,865,060
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 409 accts · $849K emplr
2023$38.7M · 378 accts · $622K emplr
2022$32.3M · 367 accts · $580K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,126
Investment management$59,549
Total administrative$105,675
The Wendel, LLC 401(k) match · 2024
Employer contribution per active participant$2,598
Median for plans this size$2,416
2024$2,598 per active participant
2023$2,027 per active participant
2022$2,116 per active participant

Wendel, LLC's 2024 employer contribution ran above the $2,416 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
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$59,387
EMPOWER ADVISORY GROUP, LLC · Investment management$162

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$105,675 · 0.25%
2023$50,790 · 0.14%
2022$73,688 · 0.20%
Same employer
Similar plansProfessional & Technical Services · New York
Tpg Service Group, LLC NY$45.6M · 0.15%
Globe Tax Services, Inc. NY$45.0M · 0.00%
M/E Engineering, P.C. NY$44.5M · 0.22%
Hedgeserv Corporation NY$44.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352461920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.