Plan Ledger DOL Form 5500 · updated monthly

Western Equipment, LLC401(k)

WESTERN EQUIPMENT, LLC RETIREMENT SAVINGS PLAN · CLINTON, OK · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Western Equipment, LLC reported $120,668 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,938 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 0.30% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 112th-largest of 724 plans among Oklahoma employers on file, and the 631st of 5,215 in retail trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,413,804
Participants with balances753
Active participants706
Employer contributions$2,074,410
Employee contributions$3,056,779
Employer contribution per active participant$2,938
Average account balance$69,607
Benefits paid to participants$2,817,978
Plan auditUnmodified (clean) audit opinion
AuditorPETERS & CHANDLER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$52.4M · 753 accts · $2.1M emplr
2023$44.4M · 735 accts · $2.0M emplr
2022$37.2M · 710 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,449
Investment management$47,200
Trustee / custodial$10,019
Total administrative$120,668
The Western Equipment, LLC 401(k) match · 2024
Employer contribution per active participant$2,938
Median for plans this size$2,416
2024$2,938 per active participant
2023$2,875 per active participant
2022$2,641 per active participant

Western Equipment, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$63,449
NAVIGATE RETIREMENT SOLUTIONS · Investment advisory (plan)$47,200
MATRIX TRUST COMPANY · Custodial (securities)$10,019

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$120,668 · 0.25%
2023$120,810 · 0.30%
2022$118,797 · 0.30%
Same employer
Similar plansRetail Trade · Oklahoma
W.H. Braum, Inc. OK$55.2M · 0.10%
Crest Discount Foods, Inc. OK$54.1M · 0.33%
Bob Moore Auto Group, LLC OK$46.0M · 0.44%
Hac, Inc. OK$28.0M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300134973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.