Plan Ledger DOL Form 5500 · updated monthly

Westcare Foundation, Inc.401(k)

WESTCARE FOUNDATION, INC. RETIREMENT PLAN · HENDERSON, NV · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Westcare Foundation, Inc. reported $145,968 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $803 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 0.51% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 98th-largest of 437 plans among Nevada employers on file, and the 766th of 3,341 in other services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 1,221 to 1,508 since 2022.

Plan summary
Net assets, end of year$28,537,319
Participants with balances849
Active participants1,508
Employer contributions$1,211,145
Employee contributions$2,398,798
Employer contribution per active participant$803
Average account balance$33,613
Benefits paid to participants$3,121,923
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 849 accts · $1.2M emplr
2023$24.7M · 817 accts · $1.1M emplr
2022$21.1M · 819 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,268
Total administrative$145,968
The Westcare Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$803
Median for plans this size$2,416
2024$803 per active participant
2023$944 per active participant
2022$854 per active participant

Westcare Foundation, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
OSAIC WEALTH, INC.indirect comp
LOREN D. STARK COMPANY · Other servicesindirect comp

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

Administrative cost history3
2024$145,968 · 0.55%
2023$117,583 · 0.51%
2022$113,662 · 0.51%
Same employer
Similar plansOther Services · Nevada
Cashman Equipment Company NV$81.6M · 0.04%
Delta Defense, LLC WI$28.5M · 0.34%
The Allendale Association IL$28.5M · 0.39%
Brechbuhler Scales, Inc. OH$28.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860852629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.