Plan Ledger DOL Form 5500 · updated monthly

West Side Tractor Sales Co.401(k)

WEST SIDE TRACTOR SALES CO. PROFIT SHARING PLAN · LISLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

West Side Tractor Sales Co. reported $11,087 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,949 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,089th-largest of 3,702 plans among Illinois employers on file, and the 1,027th of 4,246 in wholesale trade. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,388,812
Participants with balances314
Active participants276
Employer contributions$813,976
Employee contributions$1,804,281
Employer contribution per active participant$2,949
Average account balance$128,627
Benefits paid to participants$1,402,345
Plan auditUnmodified (clean) audit opinion
AuditorHANSEN PLAHM & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 314 accts · $814K emplr
2023$33.4M · 306 accts · $278K emplr
2022$28.4M · 302 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,994
Investment management$5,093
Total administrative$11,087
The West Side Tractor Sales Co. 401(k) match · 2024
Employer contribution per active participant$2,949
Median for plans this size$2,416
2024$2,949 per active participant
2023$1,013 per active participant
2022$2,198 per active participant

West Side Tractor Sales Co.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$11,086
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$11,087 · 0.03%
2023$8,428 · 0.03%
2022$5,941 · 0.02%
Same employer
Similar plansWholesale Trade · Illinois
S & S Activewear, LLC IL$44.0M · 0.20%
Wyffels Hybrids, Inc. IL$43.1M · 0.31%
Neuco, Inc. IL$41.9M · 0.21%
Kennicott Brothers Company IL$41.5M · 0.28%
Victor Envelope Company IL$39.9M · 0.28%
Prinova US LLC IL$38.2M · 0.19%
Doall Company IL$36.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362484344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.