Plan Ledger DOL Form 5500 · updated monthly

Western Electrical Contractors Association, Inc.Profit-sharing plan

WECA ATC RETIREMENT PLAN AND TRUST · MATHER, CA · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Western Electrical Contractors Association, Inc. reported $174,361 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,377 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 fell from 1.28% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,708th-largest of 9,483 plans among California employers on file, and the 2,059th of 5,337 in construction. active participation has grown from 661 to 754 since 2022.

Plan summary
Net assets, end of year$19,452,893
Participants with balances1,040
Active participants754
Employer contributions$5,562,032
Employee contributions—
Employer contribution per active participant$7,377
Average account balance$18,705
Benefits paid to participants$3,728,750
Plan auditUnmodified (clean) audit opinion
AuditorGILBERT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 1,040 accts · $5.6M emplr
2023$16.2M · 899 accts · $4.6M emplr
2022$12.9M · 852 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,973
Investment management$76,487
Audit (IQPA)$18,057
Total administrative$174,361
Employer contributions to the Western Electrical Contractors Association, Inc. plan · 2024
Employer contribution per active participant$7,377
Median for plans this size$2,416
2024$7,377 per active participant
2023$6,833 per active participant
2022$5,856 per active participant

Western Electrical Contractors Association, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
CAPFINANCIAL PARTNERS LLC CAPTRUST · Investment advisory (plan)$76,487
BENEFIT RESOURCES, INC. · Contract administrator$34,235
WESTERN ELECTRICAL CONTRACTORS ASSO · Contract administrator$26,973
GILBERT ASSOCIATES · Accounting / audit$18,057

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$174,361 · 0.98%
2023$162,747 · 1.12%
2022$151,131 · 1.28%
Same employer
Similar plansConstruction · California
Turelk, Inc. CA$19.9M · 0.17%
Able Maintenance, Inc. CA$19.9M · 0.66%
Dfs Flooring, Inc. CA$19.7M · 0.41%
Cass Construction, Inc. CA$19.2M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 940453910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.