Plan Ledger DOL Form 5500 · updated monthly

West Memphis Steel & Pipe, Inc.401(k)

WEST MEMPHIS STEEL & PIPE, INC. 401(K) RETIREMENT SAVINGS PLAN · WEST MEMPHIS, AR · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

West Memphis Steel & Pipe, Inc. reported $39,858 in plan administrative expenses for 2022: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,851 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arkansas (332nd of 456), and 11,587th of 13,661 in manufacturing. In 2022, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,288,963
Participants with balances86
Active participants116
Employer contributions$330,717
Employee contributions$423,744
Employer contribution per active participant$2,851
Average account balance$49,872
Benefits paid to participants$322,905
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,198
Total administrative$39,858
The West Memphis Steel & Pipe, Inc. 401(k) match · 2022
Employer contribution per active participant$2,851
Median for plans this size$1,114

West Memphis Steel & Pipe, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$39,858 · 0.89%
Same employer
Similar plansManufacturing · Arkansas
Corbitt Enterprises Inc AR$5.6M · 0.80%
Wilson's Gun Shop, Inc. AR$5.6M · 0.19%
United Industries, Inc. AR$5.3M · 0.05%
Propak Logistics, LLC AR$4.7M · 1.03%
Aromatique, Inc. AR$3.8M · 0.01%
Whiting Systems, Inc. AR$3.5M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710506243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.