Plan Ledger DOL Form 5500 · updated monthly

West Side Unlimited Corporation401(k)

WEST SIDE UNLIMITED CORPORATION 401(K) PLAN PLAN · CEDAR RAPIDS, IA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

West Side Unlimited Corporation reported $48,719 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $428 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 0.65% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (559th of 878), and the 1,106th of 2,677 in transportation & warehousing. In 2023, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,787,552
Participants with balances198
Active participants642
Employer contributions$274,977
Employee contributions$828,675
Employer contribution per active participant$428
Average account balance$54,483
Benefits paid to participants$1,062,358
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 177 accts · $255K emplr
2023$10.8M · 198 accts · $275K emplr
2022$9.3M · 181 accts · $250K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,719
Total administrative$48,719
The West Side Unlimited Corporation 401(k) match · 2023
Employer contribution per active participant$428
Median for plans this size$2,440
2024$438 per active participant
2023$428 per active participant
2022$353 per active participant

West Side Unlimited Corporation's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
DUBUQUE BANK & TRUST COMPANY · Recordkeeping · Trustee$48,719
JULY BUSINESS SERVICES LLC · Contract administratorindirect 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
2024HTLF RETIREMENT PLAN SERVICES, July Business Services
2023DUBUQUE BANK & TRUST COMPANY

This plan has changed recordkeepers within these filings. If you left West Side Unlimited Corporation 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$91,592 · 0.90%
2023$48,719 · 0.49%
2022$65,046 · 0.65%
Same employer
Similar plansTransportation & Warehousing · Iowa
Schuster Co Inc IA$15.3M · 0.55%
Nor-Am, Inc. IA$13.9M · 0.94%
Heyl Truck Lines Inc. IA$10.7M · 0.30%
Windstar Lines, Inc. IA$7.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421111180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.