Plan Ledger DOL Form 5500 · updated monthly

West Tree Service, Inc.401(k)

WEST TREE SERVICE, INC 401(K) PLAN · LITTLE ROCK, AR · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

West Tree Service, Inc. reported $5,824 in plan administrative expenses for 2022: 0.82% of average plan assets, below the peer median. Employer contributions averaged $433 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 1 year on file its reported administrative ratio rose from 0.77% to 0.82%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arkansas (429th of 456), and 5,159th of 5,337 in construction. In 2022, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 429 to 348 since 2021.

Plan summary
Net assets, end of year$763,705
Participants with balances61
Active participants348
Employer contributions$150,654
Employee contributions$259,355
Employer contribution per active participant$433
Average account balance$12,520
Benefits paid to participants$164,444
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2023$0
2022$764K · 61 accts · $151K emplr
2021$650K · 67 accts · $163K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,824
Total administrative$5,824
The West Tree Service, Inc. 401(k) match · 2022
Employer contribution per active participant$433
Median for plans this size$331
2022$433 per active participant
2021$379 per active participant

West Tree Service, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023Not separately reported
2022$5,824 · 0.82%
2021$3,206 · 0.77%
Similar plansConstruction · Arkansas
Structural System, Inc. AR$2.6M · 0.00%
D&H Contracting, Inc. AR$1.9M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270061167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.