Plan Ledger DOL Form 5500 · updated monthly

Weslar, Inc.401(k)

WESLAR, INC. 401(K) PLAN · VALENCIA, CA · plan year 2022

Reported admin expense ratio · 2022
42.83%

Weslar, Inc. reported $2,030 in plan administrative expenses for 2022: 42.83% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (9,452nd of 9,483), and 5,333rd of 5,337 in construction.

Plan summary
Net assets, end of year$8,355
Participants with balances3
Active participants497
Employer contributions—
Employee contributions$9,600
Employer contribution per active participant—
Average account balance$2,785
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,030
Total administrative$2,030
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,030 · 42.83%
Similar plansConstruction · California
Vincent Contractors Inc CA$76K · 0.31%
Rusin, LTD. CO$21K · 0.55%
Aspen Earthworks, Inc. NV$18K · 0.25%
Lopez Group Corp CA$10K · 0.07%
C S Drywall Inc CA$2K · 56.76%
Ceres Technologies NY$1K · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954056431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.