Plan Ledger DOL Form 5500 · updated monthly

Wenrich Painting, Inc.401(k)

WENRICH PAINTING, INC. RETIREMENT SAVINGS PLAN · EPHRATA, PA · plan year 2023

Reported admin expense ratio · 2023
1.99%

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

Wenrich Painting, Inc. reported $37,625 in plan administrative expenses for 2023: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3 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 1 year on file its reported administrative ratio rose from 1.51% to 1.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (3,350th of 3,651), and 4,829th of 5,337 in construction. In 2023, employees put in $772.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,999,254
Participants with balances96
Active participants65
Employer contributions$217
Employee contributions$167,617
Employer contribution per active participant$3
Average account balance$20,826
Benefits paid to participants$145,135
Plan auditUnmodified (clean) audit opinion
AuditorWALZ GROUP P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$2.0M · 96 accts · $217 emplr
2022$1.8M · 106 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,765
Investment management$9,860
Total administrative$37,625
The Wenrich Painting, Inc. 401(k) match · 2023
Employer contribution per active participant$3
Median for plans this size$1,308

Wenrich Painting, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
WALTZ GROUP · Accounting / audit$10,500
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$9,860
DUNBAR BENDER & ZAPF INC · Contract administrator$6,835

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

Administrative cost history2
2023$37,625 · 1.99%
2022$29,406 · 1.51%
Same employer
Similar plansConstruction · Pennsylvania
Turn Key Realty, LLC PA$2.3M · 0.13%
Apex Homes of PA, LLC PA$2.0M · 0.09%
Penn Residential Inc PA$1.8M · 0.75%
Fioptix, Inc. PA$1.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232910848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.