Plan Ledger DOL Form 5500 · updated monthly

Westbrook Service Corporation401(k)

WESTBROOK SERVICE CORPORATION SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Westbrook Service Corporation reported $51,559 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,296 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 has held roughly steady near 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,328th of 3,644), and 3,778th of 5,337 in construction. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 126 to 173 since 2022.

Plan summary
Net assets, end of year$5,990,023
Participants with balances289
Active participants173
Employer contributions$224,147
Employee contributions$657,776
Employer contribution per active participant$1,296
Average account balance$20,727
Benefits paid to participants$439,200
Plan auditUnmodified (clean) audit opinion
AuditorMCDIRMIT DAVIS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 289 accts · $224K emplr
2023$5.0M · 237 accts · $96K emplr
2022$4.4M · 206 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,061
Investment management$21,698
Total administrative$51,559
The Westbrook Service Corporation 401(k) match · 2024
Employer contribution per active participant$1,296
Median for plans this size$1,313
2024$1,296 per active participant
2023$680 per active participant
2022$684 per active participant

Westbrook Service Corporation's 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,534
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$20,665
WILSHIRE ASSOCIATES INC. (USA) · Investment advisory (participants)$1,033

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$51,559 · 0.94%
2023$45,860 · 0.98%
2022Not separately reported
Same employer
Similar plansConstruction · Florida
Interrail Signal, Inc. FL$6.1M · 0.89%
Grande Aire Services Inc FL$6.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592924166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.