Plan Ledger DOL Form 5500 · updated monthly

Wescon Controls, LLC401(k)

WESCON CONTROLS, LLC 401(K) PLAN · WICHITA, KS · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Wescon Controls, LLC reported $91,497 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,864 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 371st-largest of 828 plans among Kansas employers on file, and 6,953rd of 13,661 in manufacturing. In 2023, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,490,804
Participants with balances166
Active participants156
Employer contributions$446,717
Employee contributions$701,234
Employer contribution per active participant$2,864
Average account balance$93,318
Benefits paid to participants$2,640,987
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK, L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 143 accts · $387K emplr
2023$15.5M · 166 accts · $447K emplr
2022$14.7M · 174 accts · $460K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,459
Investment management$86,038
Total administrative$91,497
The Wescon Controls, LLC 401(k) match · 2023
Employer contribution per active participant$2,864
Median for plans this size$2,440
2024$2,847 per active participant
2023$2,864 per active participant
2022$2,737 per active participant

Wescon Controls, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Contract administrator · Plan administrator$5,459
CREATIVE PLANNING, INC. · Investment advisory (plan)$86,038

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$92,045 · 0.61%
2023$91,497 · 0.61%
2022$101,625 · 0.62%
Same employer
Similar plansManufacturing · Kansas
Rand Graphics, Inc. KS$16.0M · 0.19%
Vornado Air, LLC KS$15.7M · 0.03%
Vektek Employer, LLC KS$15.4M · 0.34%
Patco Products, LLC. KS$15.2M · 0.32%
Lion Nathan USA, Inc. KS$15.1M · 0.68%
D-J Engineering, Inc. KS$14.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460808728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.