Plan Ledger DOL Form 5500 · updated monthly

Western National Properties dba Western National Group401(k)

WNG 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Western National Properties dba Western National Group reported $233,872 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,569 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 0.49% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,567th-largest of 9,483 plans among California employers on file, and the 246th of 2,096 in real estate & leasing. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,263,683
Participants with balances649
Active participants824
Employer contributions$1,293,029
Employee contributions$3,682,891
Employer contribution per active participant$1,569
Average account balance$89,775
Benefits paid to participants$3,286,037
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 649 accts · $1.3M emplr
2023$50.8M · 649 accts · $1.2M emplr
2022$44.0M · 667 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$233,872
Total administrative$233,872
The Western National Properties dba Western National Group 401(k) match · 2024
Employer contribution per active participant$1,569
Median for plans this size$3,635
2024$1,569 per active participant
2023$1,451 per active participant
2022$1,338 per active participant

Western National Properties dba Western National Group's 2024 employer contribution ran below the $3,635 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$83,838
ACTUARIAL BENEFITS CORP · Contract administrator$63,930
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$58,888
MARCUM LLP · Accounting / audit$20,600

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$233,872 · 0.43%
2023$206,970 · 0.44%
2022$227,178 · 0.49%
Same employer
Similar plansReal Estate & Leasing · California
Marcus & Millichap Company CA$64.0M · 0.02%
Rockwood Capital, LLC CA$61.1M · 0.20%
H.G. Fenton Company CA$58.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330848232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.