Plan Ledger DOL Form 5500 · updated monthly

Westell Technologies, Inc.401(k)

WESTELL TECHNOLOGIES, INC. AND SUBSIDIARIES 401(K) PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Westell Technologies, Inc. reported $83,966 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $871 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 3 years on file its reported administrative ratio has held roughly steady near 0.203%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,030th-largest of 3,702 plans among Illinois employers on file, and the 3,511th of 13,661 in manufacturing. In 2024, employees put in $9.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,881,807
Participants with balances235
Active participants99
Employer contributions$86,222
Employee contributions$857,223
Employer contribution per active participant$871
Average account balance$182,476
Benefits paid to participants$4,314,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.9M · 235 accts · $86K emplr
2023$39.6M · 243 accts · $84K emplr
2022$34.3M · 253 accts · $45K emplr
The Westell Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$871
Median for plans this size$2,416
2024$871 per active participant
2023$889 per active participant
2022$430 per active participant

Westell Technologies, 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$30,400
GLOBAL RETIREMENT PARTNERS LLC · Consulting$49,665
CASSELL PLAN AUDITS, P.C. · Accounting / audit$4,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$83,966 · 0.20%
2023$75,149 · 0.20%
2022$77,886 · 0.20%
Similar plansManufacturing · Illinois
Midtronics, Inc. IL$43.6M · 0.19%
Intermatic Incorporated IL$43.5M · 0.16%
Jel Sert Company IL$43.4M · 0.19%
Phoenix Closures, Inc. IL$43.3M · 0.20%
Union Partners I LLC IL$42.5M · 0.33%
Th Foods, Inc. IL$42.3M · 0.01%
W.R. Meadows, Inc. IL$42.2M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363154957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.