Plan Ledger DOL Form 5500 · updated monthly

Wesco Turf, Inc.401(k)

WESCO TURF, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Wesco Turf, Inc. reported $83,071 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $885 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 0.52% to 0.32%. 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 880th-largest of 3,644 plans among Florida employers on file, and the 1,456th of 4,246 in wholesale trade. In 2024, employees put in $6.33 for every $1.00 the employer contributed; active participation has grown from 247 to 308 since 2022.

Plan summary
Net assets, end of year$27,519,211
Participants with balances314
Active participants308
Employer contributions$272,540
Employee contributions$1,724,884
Employer contribution per active participant$885
Average account balance$87,641
Benefits paid to participants$1,822,571
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 314 accts · $273K emplr
2023$24.5M · 295 accts · $235K emplr
2022$20.2M · 273 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,874
Investment management$47,318
Audit (IQPA)$10,500
Total administrative$83,071
The Wesco Turf, Inc. 401(k) match · 2024
Employer contribution per active participant$885
Median for plans this size$2,416
2024$885 per active participant
2023$863 per active participant
2022$846 per active participant

Wesco Turf, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MID ATLANTIC FINANCIAL MANAGEMENT · Investment advisory (plan)$47,318
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,325
CROWE LLP · Accounting / audit$10,500
EXPAND FINANCIAL · Investment advisory (participants)$5,928

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$83,071 · 0.32%
2023$74,086 · 0.33%
2022$88,122 · 0.52%
Same employer
Similar plansWholesale Trade · Florida
Sesco Lighting, Inc. FL$29.7M · 0.17%
Garden of Life LLC FL$29.3M · 0.13%
Wetherill Associates, Inc. FL$27.3M · 0.02%
Intradeco, Inc. FL$26.9M · 0.36%
Aersale FL$25.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592763187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.