Plan Ledger DOL Form 5500 · updated monthly

West Penn Energy Services, LLC401(k)

WEST PENN ENERGY SERVICES, LLC 401(K) PROFIT SHARING PLAN · SHELOCTA, PA · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

West Penn Energy Services, LLC reported $28,133 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,447 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 0.64% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (3,025th of 3,651), and 4,059th of 5,215 in retail trade. In 2023, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 69 to 103 since 2022.

Plan summary
Net assets, end of year$3,967,512
Participants with balances182
Active participants103
Employer contributions$149,029
Employee contributions$318,427
Employer contribution per active participant$1,447
Average account balance$21,800
Benefits paid to participants$406,770
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 179 accts · $175K emplr
2023$4.0M · 182 accts · $149K emplr
2022$3.3M · 134 accts · $111K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,858
Investment management$14,745
Audit (IQPA)$3,530
Total administrative$28,133
The West Penn Energy Services, LLC 401(k) match · 2023
Employer contribution per active participant$1,447
Median for plans this size$1,308
2024$1,847 per active participant
2023$1,447 per active participant
2022$1,613 per active participant

West Penn Energy Services, LLC's 2023 employer contribution ran above the $1,308 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.

Administrative cost history3
2024$28,443 · 0.73%
2023$28,133 · 0.77%
2022$23,128 · 0.64%
Same employer
Similar plansRetail Trade · Pennsylvania
Croton Holding Company PA$4.2M · 0.27%
C.R.H. Catering Co., Inc. PA$4.1M · 0.50%
Eastern Surfaces, Inc. PA$3.8M · 0.74%
Sky Markets, Inc. PA$3.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261240729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.