Plan Ledger DOL Form 5500 · updated monthly

Western Industries Plastic Pro401(k)

WESTERN INDUSTRIES PLASTIC PRO 401(K) PROFIT SHARING PLAN & TRUST · WINFIELD, KS · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Western Industries Plastic Pro reported $21,162 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $288 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 0.00% to 0.38%. 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 Kansas (609th of 828), and 9,308th of 11,654 in professional & technical services. In 2024, employees put in $4.58 for every $1.00 the employer contributed; active participation has shrunk from 433 to 249 since 2022.

Plan summary
Net assets, end of year$6,202,705
Participants with balances228
Active participants249
Employer contributions$71,682
Employee contributions$328,060
Employer contribution per active participant$288
Average account balance$27,205
Benefits paid to participants$383,626
Plan auditUnmodified (clean) audit opinion
AuditorVIRCHOW KRAUSE & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 228 accts · $72K emplr
2023$4.9M · 325 accts · $47K emplr
2022$4.2M · 490 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,666
Investment management$496
Total administrative$21,162
The Western Industries Plastic Pro 401(k) match · 2024
Employer contribution per active participant$288
Median for plans this size$1,313
2024$288 per active participant
2023$217 per active participant
2022$106 per active participant

Western Industries Plastic Pro's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$19,015
PAYCHEX SECURITIES CORPORATION · Consulting · Insurance services$1,651
USI SECUTITIES INC · Insurance broker · Insurance servicesindirect comp

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$21,162 · 0.38%
2023$3,095 · 0.07%
2022$117 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Kansas
Perfect Output, LLC KS$7.6M · 0.53%
Ideatek Telcom, LLC KS$6.7M · 0.02%
Propio Ls, LLC KS$6.1M · 0.65%
Veracity Consulting, Inc. KS$4.4M · 0.92%
Rd Henry & Company Inc KS$4.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814931181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.