Plan Ledger DOL Form 5500 · updated monthly

Western Diversified Plastics, LLC401(k)

WESTERN DIVERSIFIED PLASTICS, LLC 401(K) PLAN · MATTAWAN, MI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Western Diversified Plastics, LLC reported $57,001 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,477 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 0.62% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,610th of 2,619), and 9,239th of 13,661 in manufacturing. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,975,211
Participants with balances580
Active participants532
Employer contributions$785,994
Employee contributions$791,633
Employer contribution per active participant$1,477
Average account balance$15,475
Benefits paid to participants$1,273,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 580 accts · $786K emplr
2023$7.8M · 579 accts · $700K emplr
2022$6.3M · 509 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,001
Total administrative$57,001
The Western Diversified Plastics, LLC 401(k) match · 2024
Employer contribution per active participant$1,477
Median for plans this size$1,313
2024$1,477 per active participant
2023$1,294 per active participant
2022$1,351 per active participant

Western Diversified Plastics, LLC's 2024 employer contribution ran above 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 · 20241

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$57,001 · 0.68%
2023$44,599 · 0.63%
2022$40,608 · 0.62%
Same employer
Similar plansManufacturing · Michigan
Triple, Inc. MI$9.1M · 0.56%
Gilson Graphics, Inc. MI$9.1M · 0.70%
Omt-Veyhl USA Corporation MI$9.0M · 0.26%
Iljin USA Corporation MI$9.0M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043807855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.