Plan Ledger DOL Form 5500 · updated monthly

West Contract Manufacturing LLC401(k)

WEST CONTRACT MANUFACTURING SAVINGS AND RET. PLAN · CAYEY, PR · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

West Contract Manufacturing LLC reported $17,482 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,413 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 rose from 0.09% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is the 114th-largest of 323 plans among PR employers on file, and 8,506th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 168 to 222 since 2022.

Plan summary
Net assets, end of year$10,660,472
Participants with balances198
Active participants222
Employer contributions$535,604
Employee contributions$506,628
Employer contribution per active participant$2,413
Average account balance$53,841
Benefits paid to participants$434,270
Plan auditUnmodified (clean) audit opinion
AuditorFISHER CUNNANE & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 198 accts · $536K emplr
2023$8.9M · 204 accts · $455K emplr
2022$7.5M · 176 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,639
Audit (IQPA)$2,647
Total administrative$17,482
The West Contract Manufacturing LLC 401(k) match · 2024
Employer contribution per active participant$2,413
Median for plans this size$1,313
2024$2,413 per active participant
2023$2,136 per active participant
2022$2,687 per active participant

West Contract Manufacturing LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FID INV INST OPS CO · Recordkeeping · Custodial (securities)$10,639
STRATEGIC ADVISORS · Investment advisory (plan)$2,647

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

Recordkeeper by year2
2024Fidelity
2023Fidelity, Vanguard

This plan has changed recordkeepers within these filings. If you left West Contract Manufacturing LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,482 · 0.18%
2023$7,736 · 0.09%
2022$7,321 · 0.09%
Same employer
Similar plansManufacturing · PR
Destileria Serralles PR$11.8M · 0.41%
Pan American Grain Mfg. Co PR$11.7M · 0.03%
Integra Ci, Inc. PR$10.2M · 0.06%
Swirl Corp. PR$7.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860640193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.