Plan Ledger DOL Form 5500 · updated monthly

Westerkamp Group, LLC401(k)

WESTERKAMP GROUP, LLC 401(K) P/S PLAN · LISLE, IL · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Westerkamp Group, LLC reported $6,354 in plan administrative expenses for 2022: 0.68% of average plan assets, below the peer median. Employer contributions averaged $1,046 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,491st of 3,702), and 11,256th of 11,654 in professional & technical services. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$965,420
Participants with balances56
Active participants99
Employer contributions$103,568
Employee contributions$170,847
Employer contribution per active participant$1,046
Average account balance$17,240
Benefits paid to participants$62,193
Plan auditUnmodified (clean) audit opinion
AuditorT.S. KEARNS & CO., CPA, PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,354
Total administrative$6,354
The Westerkamp Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,046
Median for plans this size$331

Westerkamp Group, LLC's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,354 · 0.68%
Similar plansProfessional & Technical Services · Illinois
All-Star Management, Inc. IL$1.1M · 0.15%
Mandarich Law Group LLP IL$1.0M · 0.21%
Timedoc, Inc. IL$548K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270768968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.