Plan Ledger DOL Form 5500 · updated monthly

Western Ecosystems Technology, Inc.401(k)

WESTERN ECOSYSTEMS TECHNOLOGY, INC. 401(K) PLAN · CHEYENNE, WY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Western Ecosystems Technology, Inc. reported $21,048 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $9,090 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wyoming (41st of 81), and 8,340th of 11,654 in professional & technical services. In 2024, the employer put in $3.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,958,229
Participants with balances548
Active participants515
Employer contributions$4,681,250
Employee contributions$1,420,531
Employer contribution per active participant$9,090
Average account balance$16,347
Benefits paid to participants$89,109
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,048
Total administrative$21,048
The Western Ecosystems Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$9,090
Median for plans this size$1,313

Western Ecosystems Technology, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,048
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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

Administrative cost history1
2024$21,048 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Wyoming
Trihydro Corporation WY$114.6M · 0.05%
Registered Agents, Inc. WY$11.5M · 0.05%
Registered Agents, Inc. WY$6.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830294092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.