Plan Ledger DOL Form 5500 · updated monthly

Western Excelsior Corporation401(k)

WESTERN EXCELSIOR CORPORATION 401(K) PLAN · EVANSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Western Excelsior Corporation reported $26,792 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,708 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,246th of 1,562), and 11,738th of 13,661 in manufacturing. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,005,926
Participants with balances59
Active participants103
Employer contributions$175,916
Employee contributions$367,169
Employer contribution per active participant$1,708
Average account balance$67,897
Benefits paid to participants$818,099
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & CO., PSC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,792
Total administrative$26,792
The Western Excelsior Corporation 401(k) match · 2022
Employer contribution per active participant$1,708
Median for plans this size$1,114

Western Excelsior Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,792 · 0.58%
Same employer
Similar plansManufacturing · Indiana
Lindal North America, Inc IN$4.2M · 0.59%
Haas Cabinet Co., Inc. IN$4.1M · 0.29%
Lofted Products LLC IN$4.1M · 0.65%
Hisada America, Inc. IN$4.1M · 0.54%
Seymour Midwest LLC IN$3.9M · 0.98%
Eti LLC IN$3.9M · 0.58%
Five Star Sheets LLC IN$3.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850226591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.