Plan Ledger DOL Form 5500 · updated monthly

Wengers of Myerstown401(k)

WENGERS OF MYERSTOWN 401(K) THRIFT PLAN · MYERSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Wengers of Myerstown reported $60,583 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,781 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 fell from 0.47% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,809th-largest of 3,651 plans among Pennsylvania employers on file, and 2,328th of 4,246 in wholesale trade. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,447,557
Participants with balances163
Active participants131
Employer contributions$233,371
Employee contributions$572,691
Employer contribution per active participant$1,781
Average account balance$94,770
Benefits paid to participants$2,395,319
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA, GARMAN & SHEA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 163 accts · $233K emplr
2023$15.0M · 161 accts · $237K emplr
2022$12.8M · 163 accts · $659K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$504
Investment management$60,079
Total administrative$60,583
The Wengers of Myerstown 401(k) match · 2024
Employer contribution per active participant$1,781
Median for plans this size$2,416
2024$1,781 per active participant
2023$1,853 per active participant
2022$4,846 per active participant

Wengers of Myerstown's 2024 employer contribution ran below 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 · 20242
FULTON FINANCIAL ADVISORS · Recordkeeping · Investment advisory (participants)$64,230

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

Recordkeeper by year2
2024FULTON FINANCIAL ADVISORS
2023FULTON FINANCIAL ADVISORS

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

Administrative cost history3
2024$60,583 · 0.40%
2023$66,587 · 0.48%
2022$65,152 · 0.47%
Similar plansWholesale Trade · Pennsylvania
Lee Supply Company, Inc. PA$15.9M · 0.02%
S. Walter Packaging Corp. PA$15.5M · 0.41%
Supplyforce.com, LLC PA$15.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231527622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.